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MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN(NRGD)

Description: The investment seeks to reflect a 3x inverse leveraged exposure to the performance of the Solactive MicroSectorsTM U.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 three 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 the 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector.


Keywords: Exchange Traded Funds Inverse Exchange Traded Fund Debt Leverage Energy/Oil Sector

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NRGD Technical Analysis

Exchange: NYSE ARCA

Country: US

Currency: US Dollar ($)

Category: Trading--Inverse Equity

Asset Allocation
Asset Class Long % Short % Net Assets
Stock US 100.00 0.00 100.00
Sector Weights
Sector Equity % Relative to Category
Energy 100.00 0.00
World Regions
Region Equity % Relative to Category
North America 100.00 0.00
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