Similarity is based on the correlation of the price action of the past 100 trading sessions.
The reference chart (NRGO) is shown first. Other charts are sorted by their correlation and the most similar chart is ranked highest.
The investment seeks to reflect a 2x leveraged long exposure to the performance of the Solactive MicroSectorsTMU. S.
Big Oil 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. listed stocks with the largest market capitalization in the energy/oil sector.
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