- What are the top holdings of BNKZ?
- A machine-readable holdings disclosure for MicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs (BNKZ) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does BNKZ invest in?
- MicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs (BNKZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is BNKZ most exposed to?
- BNKZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is BNKZ a US-only fund?
- The country allocation card on this page shows BNKZ'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 BNKZ invest in?
- The investment seeks to reflect an inverse exposure t to reflect a 2x inverse leveraged exposure to the performance of the Solactive MicroSectorsTM U.S. Big Banks Index on a daily basis. The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a two times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.
