PortfolioMetrics

FNGD

- MicroSectors FANG+™ Index -3X Inverse Leveraged ETN

Key Information

Earliest date2018-01-23
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderBMO Financial Group
IndexNYSE FANG+ Index (-300%)
Expense Ratio0.95%
Number Of Holdings11
Inception Date2018-01-22
Asset ClassEquity
CurrencyUSD
ListingUS-listed
SectorTechnology
Non-leveragedLeveraged

About FNGD

The MicroSectors FANG+ Index -3X Inverse Leveraged ETN is an exchange-traded note that seeks to provide -3 times the daily performance of the NYSE FANG+ Index, which tracks the performance of highly traded technology and consumer discretionary stocks in the US. This inverse leveraged ETN is designed for investors who seek to profit from potential declines in the US big tech sector.