KEAT vs. MAMB ETF Comparison

Comparison of Keating Active ETF (KEAT) to Monarch Ambassador Income ETF (MAMB)

KEAT

Keating Active ETF

KEAT Description

KEAT actively invests in equity securities of all-cap companies considered undervalued based on the subadvisor's fundamental research. These securities include common stock, preferred stock, REITs, ADRs, and GDRs. The fund also considers and invests in international ETFs in the same manner it selects its individual securities. The sub-adviser initially identifies potential investment opportunities through public disclosures, and assesses their financial condition based on sustainable earnings and future cash flows through financial and strategic analyses. The portfolio will typically be comprised of 25 to 40 securities, all selected to offer exceptional value and have defensible positions. The fund also emphasizes companies with good shareholder yield. It intends to hold its positions for a year or more and sells them when it reaches its fair value or has become overvalued. KEAT may also hold short-term Treasurys in seeking total return.

Grade (RS Rating)

Last Trade

$26.27

Average Daily Volume

4,302

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

MAMB

Monarch Ambassador Income ETF

MAMB Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.

Grade (RS Rating)

Last Trade

$22.45

Average Daily Volume

11,752

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	KEAT	MAMB
30 Days	5.57%	1.95%
60 Days	3.53%	2.42%
90 Days	5.75%	3.62%
12 Months		3.52%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEAT	Weight in MAMB	Overlap

KEAT Overweight 8 Positions Relative to MAMB

	Symbol	Grade	Weight
	STIP	A	29.63%
	GOLD	C	3.85%
	EQC	B	3.63%
	OII	A	3.52%
	LBTYK	C	3.5%
	VOD	A	3.32%
	TTE	D	3.3%
	LMT	A	2.97%

KEAT Underweight 5 Positions Relative to MAMB

	Symbol	Grade	Weight
	IEF	A	-19.97%
	MBB	A	-12.5%
	IAU	A	-12.45%
	BAB	A	-12.43%
	SHY	B	-4.96%

KEAT: Top Represented Industries & Keywords

Industries: Aerospace & Defense Gold Oil & Gas Equipment & Services Oil & Gas Integrated Pay TV REIT - Office Telecom Services

Keywords: Information And Communications Technology Adhesives Aerospace Aerospace Industries Air Systems Aircraft Asset Integrity Management Aviation B2B Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Broadband Broadband Internet Broadcast Solutions Cable Television Companies Cac 40 Channel Operators Chemicals Segment Cloud Computing

MAMB: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Government Bonds U.S. Government U.S. Treasury Build America Bonds Bullion Commodity Pool Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Freddie Mac Government National Mortgage Association Investment Company Act Ishares Mortgage Backed Security Mortgage Loan