FNGO offers 2x leveraged exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google ), as well as other companies that exhibit similar characteristics. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. Eligible stocks must be listed on a US exchange (ADRs are acceptable), classified in the technology or consumer discretionary sectors, and exhibit similar traits to other technology and internet companies. At least ten stocks must be included in the index the number of constituents when the note launched so investors can expect a high level of concentration. All holdings in the index are equally weighted, and are rebalanced quarterly. As a geared product with daily resets of exposure, FNGO is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding.
公司网站 :
https://www.bmoetns.com/Documents/Global/FANG_Fact_Sheet.pdf
总经理:-
建立时间:2018
公司总部:MicroSectors FANG Index 2X Leveraged ETNs due January 8, 2038
领域:Miscellaneous
行业:Investment trusts/Mutual funds