MicroSectors U.S. Big Oil Index 3X Leveraged ETNs

AMEX (USD): MicroSectors U.S. Big Oil Index 3X Leveraged ETNs (NRGU)

Last Price

502.48

Today's Change

+0.56 (0.11%)

Day's Change

501.18 - 503.00

Trading Volume

26,664

Profile
NRGU

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Description

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.

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