Clicky

MicroSectors U.S. Big Oil Index 3X Leveraged ETN(NRGU)

Description: The investment seeks to reflect a 3x leveraged long 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 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. listed stocks with the largest market capitalization in the energy/oil sector.


Keywords: Exchange Traded Funds Debt Leverage Energy/Oil Sector

Home Page:

NRGU Technical Analysis

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
Energy 100.00 5.97
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
Back to stocks