FMP
MicroSectors FANG+ Index 2X Leveraged ETN
FNGO
AMEX
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X 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 a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.
95.97 USD
3.5539 (3.7%)
N/A
Financial Services
Asset Management - Leveraged
N/A
AMEX
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X 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 a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.
0000927971
US0636798565
063679856
N/A
NA
US
N/A
Aug 23, 2018
We are unable to load the chart at this time.
We are unable to load the chart at this time.
US0636798565
AMEX
2.44
433.06M
42.38-106.25
24.74k
95.97
US
342.87M
10
69.36
USD
We are unable to load this data!
Financial Information
Financial Summary Real-Time Price
Financial Statements
Financial Quarter Statements
Ratios Analysis
Dupont Analysis
Free Cashflow
Operating Data
Balance Sheet Data
Financial Modelling
Discounted Cashflow Model
Discounted Cashflow Model Levered
Free Cashflow Build-Up
Terminal Value
Intrinsic Value
Weighted Average Cost of Capital
Market Information
Stock Value
Seeking Alpha
Jun 10, 2024
MicroSectors FANG+ Index 2X Leveraged ETN has outperformed the market with a 5-year return of +830%. The product is structured as an exchange-traded note, with inherent credit risk from the issuer, Bank of Montreal. The ETN is benchmarked to the FANG+ index, which is highly concentrated in tech and digital media stocks.
Zacks Investment Research
May 23, 2023
U.S. tech stocks are enjoying their greatest outperformance, relative to the S&P 500, in 97 years. This has resulted in a huge rally for leveraged ETFs, with funds targeting FANG stocks and single stocks more than doubling this year.
ETF Trends
Jan 31, 2023
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
ETF Trends
Mar 22, 2022
Top Performing Levered/Inverse ETFs Last Week These were last week's top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
ETFcom
Feb 16, 2021
AdvisorShares and DWS ETFs also see name and expense ratio changes become effective.
ETFcom
Feb 8, 2021
Also, the Select Sector SPDRs had their expense ratios lowered by 1 basis point.
seekingalpha.com
Jul 15, 2020
5G will be the first wireless technology designed for Internet of Things. 5G will lower costs of sending data which can benefit telecom profit margins in the future.
seekingalpha.com
Jul 14, 2020
The paradox at the heart of the MDS is that more debt leads to lower, rather than higher, interest rates. It also results in lower inflation.