Fund Description
The Indxx MicroSectors Cannabis Index Exchange Traded Notes are linked to the performance of the Indxx MicroSectors North American Cannabis Index. The Indxx MicroSectors North American Cannabis Index (the Index ) includes North American stocks designed to track the performance of companies that provide products or services related to the medical or industrial use of cannabis or cannabis related products. The Index s underlying composition is market cap weighted, liquidity adjusted, and has a single security cap of 9.9% to prevent over concentration in a handful of stocks.
Fund Profile
Fund Name MicroSectors Cannabis ETNs
Fund Exchange Ticker MJJ
Fund Sponsor Bank of Montreal
Fund ISIN US0636796825
Net Expense Ratio 0.70 %
Fund Inception Date 10 December 2019
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Indxx MicroSectors North American Cannabis Index
Index Provider Indxx LLC
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 42.83 Million (USD)
1 Month Total Return -6.18 %
Year To Date Return 5.29 %
1 Year Total Return 28.16 %
3 Year Annualized Total Return
NAV 71.3877
Share Outstanding 600,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting