MicroSectors U.S. Big Oil Index 2X Leveraged ETNs (NRGO) |
| 15.81 -0.07 (-0.44%) 12-17 15:44 |
| Open: | 16.99 |
| High: | 16.99 |
| Low: | 15.81 |
| Volume: | 1,579 |
| Market Cap: | 4(M) |
| PE Ratio: | 0 |
| Exchange: | New York Stock Exchange Arca |
| Industry: | Asset Management - Leveraged |
| Sector: | Financial Services |
| Technical analysis | ||||
| sell | buy | |||
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| 52w High: | 43.702 |
| 52w Low: | 5.535 |
This investment product seeks to provide twice the daily return of the Solactive MicroSectorsTM U.S. Big Oil Index. These are senior, unsecured, medium-term notes issued by Bank of Montreal, with their value directly tied to a double-leveraged participation in the index's compounded daily performance. This return is calculated prior to the deduction of a daily investor fee, a daily financing charge, and any applicable redemption fee. The benchmark index itself is composed of the 10 U.S.-listed companies with the largest market capitalizations in the energy and oil sectors, with each component holding an equal weighting.
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