BNKU Stock, MicroSectors U.S. Big Banks Index 3X Lev Information
Stock Information
| Company Name: | MicroSectors U.S. Big Banks Index 3X Lev |
| Stock Symbol: | BNKU |
| Market: | NYSE |
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About MicroSectors U.S. Big Banks Index 3X Lev
The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive Micro Sectors TM U.S. Big Banks Index. 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 equaldollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector. 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.