WTIU (USOIL ETF) LONG Big lot in 16.00 out 22.50 around WTIU etf, im in here looking to get out in about two weeks im all in, in my stock account
Key stats
About Bank Of Montreal MAX S&P 500 4X Leveraged ETNs due October 30, 2043
Expense ratio
2.95%
Home page
Inception date
Dec 5, 2023
XXXX is a leveraged ETN that aims to provide amplified exposure to the US large-cap sector. Its objective is to quadruple the daily performance of the S&P 500 total return index, which encompasses stock prices and dividends from the 500 largest US equity market companies. Its important to note that investors take on the credit risk of BMO in exchange for the certainty of pure tracking. Unlike traditional investment products, XXXX does not guarantee any return of principal at redemption or maturity. Instead, it strives to generate a return that is four times the daily performance of the underlying index. The leveraged characteristic makes XXXX best suited for short-term trading strategies rather than long-term investments. Its crucial to consider that the effects of daily compounding can result in deviations of long-term returns from the performance of the index.
