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MicroSectors FANG+ Index 2X Leveraged ETNs logo

MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO)

ETN overview

These financial instruments represent senior, unsecured, medium-term debt obligations issued by Bank of Montreal. Their returns are intricately tied to a daily-compounded, two-times leveraged exposure to the performance of an underlying index. This calculation, however, occurs after accounting for a daily investor fee, a daily financing charge, and a potential redemption fee, should one be incurred. The referenced index employs an equal-dollar weighting methodology and is specifically designed to reflect a concentrated segment of the technology and consumer discretionary sectors, comprising actively traded, high-growth equities from both traditional technology firms and businesses significantly enabled by technology.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
150.89 USD-1.60%
Close 20 Oct 2026
Interval
Benchmarks

Fund facts

Leverage
2x daily
Expense ratio
0.95%
Fund assets
764.05M USD (all share classes)
Issuer
REX Microsectors
Inception date
Aug 6, 2018

Similar ETNs

Historical returns do not guarantee future returns. This is not investment advice.

MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO)

FNGO · AMEX
150.89 USD-1.60%
Sign up to track this ETN
Benchmarks
Fund facts
Leverage
2x daily
Expense ratio
0.95%
Fund assets
764.05M USD (all share classes)
Issuer
REX Microsectors
Inception date
Aug 6, 2018
ETN overview

These financial instruments represent senior, unsecured, medium-term debt obligations issued by Bank of Montreal. Their returns are intricately tied to a daily-compounded, two-times leveraged exposure to the performance of an underlying index. This calculation, however, occurs after accounting for a daily investor fee, a daily financing charge, and a potential redemption fee, should one be incurred. The referenced index employs an equal-dollar weighting methodology and is specifically designed to reflect a concentrated segment of the technology and consumer discretionary sectors, comprising actively traded, high-growth equities from both traditional technology firms and businesses significantly enabled by technology.

CountryUnited States of America
Trades inUSD
Similar ETNs

Historical returns do not guarantee future returns. This is not investment advice.

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