MicroSectors U.S. Big Banks 3 Leveraged ETN (BNKU)
BNKU Price Chart
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BNKU ETF Profile
Key details and information about MicroSectors U.S. Big Banks 3 Leveraged ETN (BNKU).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
20 Feb 2025
Country
US
Description
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.
BNKU ETF Performance
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