NRGU

Fund Description
The return on the MicroSectors U.S. Big Oil Index 3X Leveraged ETNs (3X ETNs) is linked to a three times leveraged participation in the performance of the Index, compounded daily, minus the applicable fees. The ETNs provide levered exposure to the Solactive MicroSectors U.S. Big Oil Index. The Solactive MicroSectors U.S. Big Oil Index, an equal-dollar weighted index, was created by Solactive AG in 2019 to provide exposure to the 10 largest U.S. energy and oil companies. MicroSectors provide concentrated exposure to 10 stocks in a given sub-sector, or microsector .
Fund Profile
Fund Name MicroSectors US Big Oil Index 3X Leveraged ETN
Fund Exchange Ticker NRGU
Fund Sponsor Bank of Montreal
Fund ISIN US06367V1052
Net Expense Ratio 0.95 %
Fund Inception Date 10 April 2019
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 MicroSectors U.S. Big Oil Index
Index Provider Solactive AG
Currency Hedged No
Inverse / Leveraged Leveraged (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 725.95 Million (USD)
1 Month Total Return 64.05 %
Year To Date Return 217.15 %
1 Year Total Return 480.66 %
3 Year Annualized Total Return
NAV 193.587
Share Outstanding 3,750,000
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting