Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY)
About Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY)
The Shares of the ETF are intended to offer investors an opportunity to participate in the gold market through an investment in securities. The ownership of the Shares of the ETF is intended to overcome certain barriers to entry in the gold market, such as the logistics of buying, storing and insuring gold.
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Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 News
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Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.