This website says you can use 303 Aerospace protectant on Monofilm :
http://www.sailrite.com/303-UV-Protectant-16ozThey say :
"303 UV Aerospace Protectant 16oz provides UV protection for vinyl, rubber, plastic, leather, and fiberglass to keep your boat looking "like new" year after year. 303 Aerospace Protectant reduces fading and the non-oily, anti-static finish repels dust, dirt, and staining. Treated vinyl stays clean longer and cleans up easier! 303 Protectant also restores faded color in gel coats and Dacron sails.
303 UV Protectant will protect and extend the life of vinyl, rubber, plastic, fiberglass, Dacron, monofilm, finished leather, webbing, clear vinyl windows, inflatables, and zipper teeth. Also works great on vinyl siding. Do not use on acrylics. Unlike many products, 303 Aerospace Protectant does not contain silicone, oils, waxes, glycerin or petroleum distillates. "
I contacted the manufacturer to verify this and will update this if and when I hear from them.
Chris