The ETNs are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, minus the Daily Investor Fee and, if applicable, the Redemption Fee Amount plus the Daily Interest (which could be negative).
Frequently asked questions
What is the MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs (NRGD) expense ratio?
The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs funds expense ratio is 0.95%.
What is MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs (NRGD) current stock price?
As of the latest data, MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs stock price is $9.47, with a previous close of $9.71. MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs lost -$0.24 in the last trading session, representing a -2.47% loss.
Does MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs (NRGD) pay dividends?
No. MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETNs does not pay a dividend.