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What is MPAY?

MPAY is a passively managed, fund-of-funds representing a balanced portfolio of global equities, fixed income securities, and alternative investments which aims to provide monthly distributions.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MPAY 1.66% 4.70% 2.44% -- -- -- --
MPAY (NAV) 1.82% 4.65% 2.53% -- -- -- --
Akros Multi-Asset Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MPAY Factset Analytics Insight

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

MPAY Summary Data

Exchange Traded Concepts
05/06/22
0.59%
$2.51M
Akros Multi-Asset Index
N/A
Open-Ended Fund
Fund Home Page

Peers

N/A
YYY, HNDL, MDIV, THY, TRPL
Compare More ETFs

Fund Flows

-$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days
More Fund Flows

MPAY Fund Structure

No
No
-- / --
N/A
N/A
High
N/A
N/A

MPAY Tax Exposures

20.00% / 39.60%
--
No

MPAY Portfolio Data

--
N/A

MPAY Index Data

Akros Multi-Asset Index
Technical
Multi-Factor
N/A

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of MPAY. MPAY is rated a N/A out of 5.

MPAY Tradability

146
$2.37K
77
0
0.47%
$0.10
0.10%
1.21% / -0.17%
None
--
--
--
--
--
0
$22.70
N/A

Options Strategies for Outcome Investing

  • Collar Strategy
    Protection Strategy
  • Covered Call Strategy
    Income Strategy

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.