NRGU
MicroSectors U.S. Big Oil 3 Leveraged ETN
$37.36
-2.25
(-5.68%)
AUM
$27.41M
Expense Ratio
2.60%
NAV
$17.99
Holdings
10
Asset Class
Equity
Inception
04/16/2019
Provider
REX Microsectors
Top Holdings
Fund Description
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the performance of the index, compounded daily, less a Daily Investor Fee, the Daily Financing Charge and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector.