|Bid||17.66 x 900|
|Ask||0.00 x 900|
|Day's Range||18.78 - 19.22|
|52 Week Range||17.60 - 52.04|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.95%|
We have highlighted five leveraged inverse ETFs that gained more than 40% in May though these involve a great deal of risk when compared to traditional products.
If the U.S.-China trade wars taught investors anything last week, it’s the notion that it’s profitable to be a bear. Gains were had for inverse exchange-traded funds (ETFs) of the leveraged variety. China ...
Bank of Montreal warned that economic growth would slow in its key markets of Canada and the United States next year after reporting fourth-quarter earnings which were modestly ahead of market forecasts. Canadian banks have warned that global economic uncertainty and trade tensions could hurt their performance in 2019, citing the U.S.-China trade war and strains in the energy and automotive manufacturing sectors. "We think GDP (gross domestic product) growth in both Canada and the U.S. will be 30 to 40 basis points lower next year," BMO's Chief Financial Officer Tom Flynn said in an interview.
Bank of Montreal has appointed veteran investment banker Susan Wolford as vice-chair of investment and corporate banking and Patrick Kratus as head of technology and businesses services, according to a memo reviewed by Reuters on Tuesday. A representative for BMO Capital Markets, the investment banking arm of Canada's Bank of Montreal, confirmed the memo was accurate.
Bank of Montreal has a acquired a portfolio of about $3 billion in energy loans from Deutsche Bank AG. "We are one of the leading energy investment banks in North America and we got there by continuously investing in our franchise to support our clients -- including by growing our lending portfolio with this acquisition," John Armstrong, deputy head of investment banking at BMO Capital Markets, said in an emailed statement. The book comprises investment-grade and subprime revolving credit lines to oil and gas companies.
Bank of Montreal has appointed Gary Mattan its head of international mergers and acquisitions, a newly created position that will be based in London, Canada's fourth-biggest lender said on Wednesday. Mattan will drive BMO's push into global mining and energy mandates, traditional strengths for the Canadian bank. BMO ranked No. 1 in the Canadian mining M&A league tables for 2017, according to Thomson Reuters data.