Fund Description
The BMO REX MicroSectors FANG+ Index 3x Leveraged ETN is linked to the performance of the NYSE FANG+ Index. The ETN offers investors the total return of the NYSE FANG+ Index on a daily compounded 3x leveraged basis, before taking into account fees. The NYSE FANG+ index includes 10 highly liquid stocks that represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The index s underlying composition is equally weighted across all stocks, providing a performance benchmark that allows for a more value-driven approach to investing.
Fund Profile
Fund Name BMO REX MicroSectors FANG Index 3X Leveraged ETN
Fund Exchange Ticker FNGU
Fund Sponsor Bank of Montreal
Fund ISIN US0636798722
Net Expense Ratio 0.95 %
Fund Inception Date 22 January 2018
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 NYSE FANG+ Index
Index Provider NYSE
Currency Hedged No
Inverse / Leveraged Leveraged (3x)
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 1974.32 Million (USD)
1 Month Total Return 0.18 %
Year To Date Return 32.48 %
1 Year Total Return 76.80 %
3 Year Annualized Total Return 101.43 %
NAV 37.9677
Share Outstanding 52,000,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting