The notes are designed to reflect a 3x leveraged long exposure to the performance of the ETF on a daily basis. The notes are riskier than securities that have intermediate- or long-term investment objectives, and may not be suitable for investors who plan to hold them for a period other than one day or who have a "buy and hold" strategy.
Frequently asked questions
What is the Microsectors Gold 3x Leverage ETN (SHNY) expense ratio?
The Microsectors Gold 3x Leverage ETN funds expense ratio is 0.95%.
What is Microsectors Gold 3x Leverage ETN (SHNY) current stock price?
As of the latest data, Microsectors Gold 3x Leverage ETN stock price is $7.01, with a previous close of $6.97. Microsectors Gold 3x Leverage ETN gained $0.04 in the last trading session, representing a 0.57% increase.
Does Microsectors Gold 3x Leverage ETN (SHNY) pay dividends?
No. Microsectors Gold 3x Leverage ETN does not pay a dividend.