NYSE ARCA | ETF
The investment seeks to reflect a leveraged inverse exposure to the performance of the NYSE Fang+?
Index (the 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 a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.
Top 10 Holdings
Asset | Name | Sector | Industry | Weight |
---|---|---|---|---|
AAPL | Apple Inc | Technology | Consumer Electronics | 10.00% |
AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 10.00% |
BABA | Alibaba Group Holding Ltd | Consumer Cyclical | Internet Retail | 10.00% |
BIDU | Baidu Inc | Communication Services | Internet Content & Information | 10.00% |
GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 10.00% |
META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 10.00% |
NFLX | Netflix Inc | Communication Services | Entertainment | 10.00% |
NVDA | NVIDIA Corporation | Technology | Semiconductors | 10.00% |
TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 10.00% |
TWTR | Twitter Inc | Communication Services | Internet Content & Information | 10.00% |