NYSEARCA:BNKD
Microsectors Us Big Banks Index 3x ETF Company Profile
$22.83
-0.420 (-1.81%)
At Close: May 03, 2024
Information
877-369-5412
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 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. stocks with the largest market capitalization in the banking sector.