Monarch ProCap ETF
MPRO
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Polo Tang
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3597 E. Monarch Sky Lane, Suite 330 Meridian ID United States of America 83646
- IPO Date
- Mar 29, 2021
- CIK
- 0001644419
- Website
- mprocapital.com
- Similar Companies
- Business
- Monarch ProCap ETF (MPRO) is an exchange-traded fund that seeks to replicate, before fees and expenses, the performance of the Monarch ProCap Index. The fund provides tactical asset allocation across global equity, fixed income, and alternative investments, adjusting allocations based on proprietary economic cycle analysis to optimize for current economic outlooks and maximize risk-adjusted returns. Core holdings include 6-9 ETFs comprising at least 90% in fixed income and equity, with fixed income spanning various durations, issuers, and credit qualities including U.S. aggregate bonds (e.g., iShares Core U.S. Aggregate Bond ETF), and equity covering S&P Global Industry Classification Standard (GICS) sectors such as communication services (e.g., XLC), health care (e.g., XLV), technology (e.g., XLK), industrials (e.g., XLI), financials (e.g., XLF), consumer discretionary, consumer staples, and real estate; up to 10% may allocate to alternatives like commodities or currencies. Launched on March 23, 2021, and listed on the Cboe BZX Exchange, MPRO is advised by Kingsview Wealth Management, LLC, sub-advised by Penserra Capital Management, LLC, and distributed by Northern Lights Distributors, LLC, with an expense ratio of 1.14%. The fund targets investors seeking positive absolute returns through diversified multi-asset exposure amid varying market conditions, with assets under management around $196 million as of late 2025. Headquartered in Chicago, Illinois, at 33 N. LaSalle St., Suite 2510, Monarch Funds operates with administrative support from Ultimus Fund Solutions, LLC, and custody by Brown Brothers Harriman & Co. Recent developments include quarterly dividend distributions, such as $0.0942 and $0.0601 declared in 2023, alongside portfolio adjustments reflecting economic shifts, such as top holdings maintaining significant weightings in U.S. aggregate bonds (approximately 49%) and sector ETFs. No major acquisitions, funding rounds, or strategic alliances have been announced in the last 1-2 years; the fund continues steady operations under its passive indexing strategy tied to the Solactive-calculated Kingsview ProCap Index. Performance for the fiscal year ended February 29, 2024, showed a return of 10.01%, aligning with its benchmark amid ongoing tactical reallocations.