BNKU

AMEX Financial Services

MicroSectors U.S. Big Banks 3 Leveraged ETN

$41.79

-$0.36 (-0.85%)

Live quote

52w: $23.30 – $49.46

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This exchange-traded note (ETN) is a senior, unsecured medium-term debt instrument issued by Bank of Montreal. Its daily return is designed to reflect triple the performance of its underlying benchmark index, subject to a daily reset. This leveraged return is net of a Daily Investor Fee, a Daily Financing Charge, and potentially a Redemption Fee. The underlying benchmark is an equal-dollar weighted index comprised of the ten largest U.S. banking sector companies by market capitalization.

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