Profile
Assets class:
EquityAssets under management:
$2 BAverage volume:
$20 KDomicile:
USExpense ratio:
0.95%Inception date:
16 April 2019Website:
-Last dividends:
N/ANext dividends:
N/ATop countries
Dividend
NRGU Latest News
Oil prices are surging, raising the risks of stagflation and inflation. The MicroSectors U.S. Big Oil Index 3X Leveraged ETNs is a dangerous investment due to its leveraged structure and credit risk. NRGU tracks the Solactive MicroSectors U.S. Big Oil Index, which provides a balanced representation of the energy sector.
What is NRGU ETF?
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 equal-dollar weighted index designed to represent the 10 U.S. listed stocks with the largest market capitalization in the energy/oil sector.
What is NRGU assets class?
Assets class of NRGU ETF is 'Equity'
What is NRGU assets under management?
Assets under management of NRGU ETF is $2 B
What is NRGU average volume?
Average volume of NRGU ETF is $20 K
What is NRGU domicile?
Domicile of NRGU ETF is US
What is NRGU expense ratio?
Expense ratio of NRGU ETF is 0.95%
What is NRGU inception date?
Inception date of NRGU ETF is 16 April 2019
What is NRGU website?
Website of NRGU ETF is null