BMO launches 3x leveraged exchange-traded notes tied to communication services and consumer staples sectors
BMO•BMO launches four MicroSectors ETNs
BMO launched four Exchange Traded Notes under its MicroSectors platform.
The ETNs offer 3× leveraged long or -3× leveraged short daily exposure to communication services and consumer staples.
The ETNs are due July 31, 2046.
The notes are set to begin trading on Cboe BZX under tickers XLCU, XLCD, XLPU, XLPD.
