MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) Dividend Yield, History & Forecast

MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $496M.

Frequently Asked Questions about MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO)

What does MicroSectors FANG+ Index 2X Leveraged ETNs invest in?
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.