MicroSectors U.S. Big Banks 3 Leveraged ETN (BNKU) Dividend Yield, History & Forecast

MicroSectors U.S. Big Banks 3 Leveraged ETN (BNKU) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $288M.

Frequently Asked Questions about MicroSectors U.S. Big Banks 3 Leveraged ETN (BNKU)

What does MicroSectors U.S. Big Banks 3 Leveraged ETN invest in?
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.