NYSEArca - Delayed Quote USD

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs (BNKU)

29.76 +0.20 (+0.68%)
At close: April 26 at 4:00 PM EDT
29.65 -0.11 (-0.37%)
After hours: April 26 at 7:53 PM EDT

ETF Summary

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. stocks with the largest market capitalization in the banking sector.

ETF Overview

Category Trading--Leveraged Equity
Fund Family BMO Capital Markets
Net Assets 312.54M
YTD Daily Total Return 22.47%
Yield 0.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes BNKU Category Average
Annual Report Expense Ratio (net) 0.95% 0.00%
Holdings Turnover 0.00% --
Total Net Assets 131,847.70 131,847.70

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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