NRGO Stock, Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO Information
Stock Information
| Company Name: | Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO |
| Stock Symbol: | NRGO |
| Market: | NYSE |
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About Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E NRGO
The investment seeks to reflect a 2x leveraged longexposure to the performance of the Solactive MicroSectorsTM U.S. Big Oil Index on a daily basis. The notes are senior unsecured mediumterm notes issued by Bank of Montreal with a return linked to a two 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. listed stocks with the largest market capitalization in the energyoil sector. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a two 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.