BERZ

Fund Description
The return on the notes is linked to a three times Inverse participation in the performance of the Solactive FANG Innovation Index, compounded daily minus the applicable fees. The Index tracks the stock prices of 15 large capitalization U.S. technology stocks, including eight specific core components, which are: Alphabet Inc., Amazon.com, Inc., Apple Inc., Facebook, Inc., Microsoft Corporation, Netflix, Inc., NVIDIA Corporation and Tesla, Inc. The Index is a total return index.
Fund Profile
Fund Name MicroSectors FANG & Innovation -3X Inverse Leveraged ETN
Fund Exchange Ticker BERZ
Fund Sponsor Bank of Montreal
Fund ISIN US0636795918
Net Expense Ratio 0.95 %
Fund Inception Date 17 August 2021
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Leveraged / Inverse
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Solactive FANG Innovation Index
Index Provider Solactive AG
Currency Hedged No
Inverse / Leveraged Inverse (-3x)
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 15 October 2021
Asset Under Management 3.47 Million (USD)
1 Month Total Return -1.36 %
Year To Date Return -14.90 %
1 Year Total Return
3 Year Annualized Total Return
NAV 21.682
Share Outstanding 160,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting