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.
Exchange: NYSE ARCA
Country: US : United States of America
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 |