MicroSectors™ U.S. Big Banks -3x Inverse Leveraged ETNs (BNKD)

MicroSectors™ U.S. Big Banks -3x Inverse Leveraged ETNs (BNKD) is an exchange-traded fund in the Trading Inverse Equity category. It has $1.38M in assets, an expense ratio of 0.35% and a 0.00% dividend yield. The ETNs are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged inverse participation in the performance of the index, compounded daily, less a Daily Financing Charge, the Daily Investor Fee and, if applicable, the Redemption Fee Amount.