NYSE ARCA | ETF
The investment seeks to reflect a 2x leveraged long exposure to the performance of the Solactive MicroSectorsTMU. 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 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 the 10U. S. stocks with the largest market capitalization in the banking sector.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 10.00% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 10.00% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 10.00% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 10.00% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 10.00% |
| PNC | PNC Financial Services Group Inc | Financial Services | Banks - Regional | 10.00% |
| SCHW | Charles Schwab Corp | Financial Services | Capital Markets | 10.00% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 10.00% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 10.00% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 10.00% |