MicroSectors U.S. Big Banks 3 Leveraged ETN

Frequently Asked Questions About BNKU

What are the top holdings of BNKU?

MicroSectors U.S. Big Banks 3 Leveraged ETN holds 10 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does BNKU have?

BNKU holds 10 positions as reported by the fund's most recent disclosure.

What sectors does BNKU invest in?

MicroSectors U.S. Big Banks 3 Leveraged ETN (BNKU) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is BNKU most exposed to?

BNKU's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is BNKU a US-only fund?

The country allocation card on this page shows BNKU's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does BNKU invest in?

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.