FNGZ [delisted] MicroSectors FANG+ Index -2X Inverse Leveraged ETN

NYSE ARCA | ETF

Price
$N/A
Increased by 0.00%
Dollar volume (20D)
N/A
ADR%
N/A
Communication Services - 50.00%Consumer Cyclicals - 30.00%Technology - 20.00%Basic Materials - 0.00%Consumer Defensive - 0.00%Energy - 0.00%Financial Services - 0.00%Healthcare - 0.00%Industrials - 0.00%Real Estate - 0.00%Utilities - 0.00%
Communication Services - 50.00%
Consumer Cyclicals - 30.00%
Technology - 20.00%
Basic Materials - 0.00%
Consumer Defensive - 0.00%
Energy - 0.00%
Financial Services - 0.00%
Healthcare - 0.00%
Industrials - 0.00%
Real Estate - 0.00%
Utilities - 0.00%

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%
Open dropdown content
Open dropdown content
DAILY
WEEKLY
MONTHLY