Description: The investment seeks to approximate the returns that might be available to investors through a leveraged ¿long¿ investment in the NYSE FANG+¿ Index (the index). The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a 2X 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 a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Trading--Leveraged Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 80.00 | 0.00 | 80.00 |
| Stock non-US | 20.00 | 0.00 | 20.00 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Communication Services | 40.00 | 6.11 |
| Technology | 30.00 | 37.26 |
| Consumer Cyclicals | 30.00 | 8.49 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 80.00 | 94.18 |
| Asia Emerging | 20.00 | 2.04 |
| Japan | 0.00 | 0.01 |
| Australasia | 0.00 | 0.19 |
| 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 |