FNGD

MicroSectors FANG+ Index -3X Inverse Leveraged ETN
*Unless otherwise stated, data provided by FactSet.

FNGD Fund Description

FNGD tracks -300x the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure.

FNGD Factset Analytics Insight

FNGD offers -3x exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google [Alphabet Inc.]), and other companies that exhibit similar characteristics. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. Eligible stocks must be listed on a US exchange (although ADRs are acceptable), classified in either the technology or consumer discretionary sectors, and exhibit similar traits to other technology and internet companies. At least ten stocks must be included in the index, the number it held when the note launched so investors can expect a high level of concentration. All holdings are equally weighted. As a geared product with daily resets of exposure, FNGD is designed as short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.

PERFORMANCE [as of 07/29/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNGD 2.90% -17.88% -48.97% -83.99% -78.91% -- --
FNGD (NAV) 3.06% -17.11% -49.34% -84.72% -78.89% -- --
NYSE FANG+ Index -1.52% 4.10% 14.10% 56.00% 36.91% 42.13% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FNGD Summary Data

BMO
01/22/18
Exchange-Traded Note
0.95%
$44.63M
0.38%

FNGD Portfolio Data

--
N/A

FNGD Index Data

NYSE FANG+ Index
Equal
Committee
N/A

FNGD Fund Structure

Yes
N/A
-- / --
BMO Asset Management, Inc.
N/A
Medium
-3
Daily

FNGD Tax Exposures

20.00% / 39.60%
--
No

FNGD Factset Analytics Block Liquidity

As of 07/30/21
5
4
3
2
1

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

FNGD Tradability

4,606,013
$12.44M
4,372,782
$11.53M
0.38%
$0.01
-0.01%
1.28% / -1.18%
None
100.00%
25,000
174.91
0.13%
--
0
$2.47
N/A