PortfolioMetrics

FNGU

- MicroSectors FANG+™ Index 3X 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 Holdings10
Inception Date2018-01-22
Asset ClassEquity
ListingUS-listed
SectorTechnology
Investment StyleBlend
Non-leveragedLeveraged

About FNGU

The MicroSectors FANG+ Index 3X Leveraged ETN is an exchange-traded note that aims to triple the daily return of an index of FANG stocks, including Facebook, Amazon, Apple, Netflix, and Google-parent Alphabet Inc., as well as five other technology growth stocks. The fund offers highly concentrated exposure to these companies and is intended for short-term trading by sophisticated investors.