MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038

MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 is an exchange traded note launched by Bank of Montreal. The note seeks to track 3x the daily performance of the NYSE FANG+ Index, total return. The index comprises of public equity markets of the United States. It uses derivatives to represent the stocks of companies operating in the technology and consumer discretionary sectors. The index comprises of growth stocks of companies across diversified market capitalizations. The ETN will mature on January 8, 2038. MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 was formed on January 25, 2018 and is domiciled in Canada.