BNKZ

MicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs
AUM$12.8M
Expense Ratio0.95%
NAV$14.58
Holdings
InceptionApr 2, 2019

Price Chart

Key Statistics

Previous Close

Day Range

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52-Week Range

N/A

Avg Volume

Dividend Yield

Expense Ratio

0.95%

AUM

$12.8M

Shares Outstanding

Fund Information

Inception Date
Apr 2, 2019
Description
The investment seeks to reflect an inverse exposure t to reflect a 2x inverse leveraged exposure to the performance of the Solactive MicroSectorsTM U.S. Big Banks Index on a daily basis. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a two times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.

The MicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs (BNKZ) is an exchange-traded fund that launched on Apr 2, 2019. It currently manages $12.8M in assets under management. The fund charges an expense ratio of 0.95%.

Top 10 holdings represent 0.0% of the fund

Holdings data not yet available for this ETF.

Holdings are updated periodically and may not be available for all funds.

Detailed Returns

PeriodReturnETFCat. Avgvs Avg
1D

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Dividends

No dividend data available for this ETF.

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