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$5.64B
P/E ratio
--
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--
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Beta
3.802814
Previous close
$433.90
Today's open
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Day's range
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52 week range
$217.38 - $697.87
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BMO Announces Exercise of its Call Right and Start of Call Measurement Period With Respect to the MicroSectors™ FANG+™ Index 3× Leveraged ETNs (Ticker: FNGA) and Provides a Reminder of the Availability of MicroSectors™ FANG+™ 3× Leveraged ETNs (Ticker: FN
Filed Pursuant to Rule 433 Registration Statement No. 333-285508 May 1, 2025 NEW YORK , May 1, 2025 /PRNewswire/ - Bank of Montreal ("BMO") (i) announced today that it exercised its call right to redeem all of the outstanding securities of its MicroSectorsTM FANG+TM Index 3× Leveraged ETNs due January 8, 2038, CUSIP: 063679534 (the "FNGA ETNs") and that the Call Measurement Period for the FNGA ETNs is expected to begin tomorrow, May 2, 2025; and (ii) provided a reminder today of the availability of a new Exchange Traded Note ("ETN"), the MicroSectorsTM FANG+TM 3× Leveraged ETNs due February 17, 2045, CUSIP: 063679385 (the "FNGB ETNs").
PRNewsWire • May 1, 2025

BMO Provides a Reminder of the Upcoming Redemption of MicroSectors™ FANG+™ Index 3× Leveraged ETNs (Ticker: FNGA) and the Availability of MicroSectors™ FANG+™ 3× Leveraged ETNs (Ticker: FNGB)
Filed Pursuant to Rule 433 Registration Statement No. 333-285508 April 24, 2025 NEW YORK , April 24, 2025 /PRNewswire/ - Bank of Montreal ("BMO") provided a reminder today of (i) its intention to exercise its call right and redeem all of the outstanding securities of its MicroSectorsTM FANG+TM Index 3× Leveraged ETNs due January 8, 2038, CUSIP: 063679534 (the "FNGA ETNs"); and (ii) the availability of a new Exchange Traded Note ("ETN"), the MicroSectorsTM FANG+TM 3× Leveraged ETNs due February 17, 2045, CUSIP: 063679385 (the "FNGB ETNs").
PRNewsWire • Apr 24, 2025

FNGA: Getting More Out Of Your FANG+ Exposure
FNGA, a 3X leveraged ETN, offers superior returns but carries high risks, with a 56% annual return since 2018 and significant volatility. Strategy 1 reduces risk by selling when the S&P 500 drops below its 200-day moving average, improving the Sharpe Ratio and lowering drawdowns. Strategy 2 combines the 200-day moving average with the Kelly Criterion, holding 44% in cash, reducing max drawdown to 42.6% and enhancing risk/reward.
Seeking Alpha • Apr 6, 2025

¹ Disclosures

Open an M1 investment account to buy and sell Bank of Montreal ZC SP ETN REDEEM 08/01/2038 USD 50 - Ser D FNGU commission-free¹. Build wealth for the long term using automated trading and transfers.