BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
*Unless otherwise stated, data provided by FactSet.

BERZ Fund Description

BERZ tracks -3x the daily price movements of an equal-weighted index of US-listed technology companies.

BERZ Factset Analytics Insight

BERZ provides daily 3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight “core components” (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

PERFORMANCE [as of 09/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BERZ -4.31% -- -- -- -- -- --
BERZ (NAV) -4.77% -- -- -- -- -- --
Solactive FANG Innovation Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BERZ Summary Data

BMO
08/17/21
Exchange-Traded Note
0.95%
$3.69M
0.14%
N/A

BERZ Portfolio Data

--
N/A

BERZ Index Data

Solactive FANG Innovation Index
Equal
Market Cap
N/A

BERZ Fund Structure

No
--
-- / --
BMO Asset Management, Inc.
N/A
High
-3
Daily

BERZ Tax Exposures

20.00% / 39.60%
--
No

BERZ Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BERZ. BERZ is rated a N/A out of 5.

BERZ Tradability

7,307
$162.08K
7,123
$159.39K
0.14%
$0.03
0.03%
0.22% / -0.38%
None
100.00%
25,000
0.28
--
--
0
$22.10
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.