Description: The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM U.S. Big Banks Index. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three 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 10 U.S. stocks with the largest market capitalization in the banking sector.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Trading--Leveraged Equity
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Stock US | 100.00 | 0.00 | 100.00 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Financial Services | 100.00 | 14.22 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 100.00 | 94.18 |
Japan | 0.00 | 0.01 |
Australasia | 0.00 | 0.19 |
Asia Emerging | 0.00 | 2.04 |
Latin America | 0.00 | 0.34 |
Asia Developed | 0.00 | 1.00 |
United Kingdom | 0.00 | 0.35 |
Europe Emerging | 0.00 | 0.03 |
Europe Developed | 0.00 | 1.76 |
Africa/Middle East | 0.00 | 0.11 |