FNGS

Fund Description
The return on the MicroSectors FANG+ ETNs is linked to the performance of the NYSE FANG+ Index minus the applicable fees. The NYSE FANG+ Index, an equal-dollar weighted index, was created by NYSE in 2017 to provide exposure to a group of highly-traded growth stocks of next generation technology and tech-enabled companies. This includes the five core FANG stocks--Facebook, Apple, Amazon, Netflix and Alphabet s Google plus another five actively-traded technology growth stocks Alibaba, Baidu, NVIDIA, Tesla and Twitter. MicroSectors indices provide concentrated exposure to a concentrated basket of stocks in a given sub-sector, or microsector .
Fund Profile
Fund Name MicroSectors FANG+ ETNs
Fund Exchange Ticker FNGS
Fund Sponsor Bank of Montreal
Fund ISIN US06368B5049
Net Expense Ratio 0.58 %
Fund Inception Date 12 November 2019
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Industry Sector
Asset Class Equities (Stocks)
Index Linked Passive
Index Name NYSE FANG+ Index
Index Provider NYSE
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 15 October 2021
Asset Under Management 77.01 Million (USD)
1 Month Total Return 0.41 %
Year To Date Return 15.70 %
1 Year Total Return 29.59 %
3 Year Annualized Total Return
NAV 32.0859
Share Outstanding 2,400,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting