FNGU
- MicroSectors FANG+™ Index 3X Leveraged ETNKey Information
Earliest date | 2018-01-23 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
ETF Information
Fund Provider | BMO Financial Group |
Index | NYSE FANG+ Index (+300%) |
Expense Ratio | 0.95% |
Number Of Holdings | 10 |
Inception Date | 2018-01-22 |
Asset Class | Equity |
Listing | US-listed |
Sector | Technology |
Investment Style | Blend |
Non-leveraged | Leveraged |
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.