MicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038
FNGA
New York Stock Exchange Arca433.90
USD
+2.54
(+0.59%)
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038
FNGA
(New York Stock Exchange Arca)
Recent
price
433.90
P/E
ratio
37.36
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038 (Ticker: FNGA) is an exchange-traded note issued by Bank of Montreal that provides three times leveraged exposure to the daily performance of the NYSE FANG+ Index, compounded daily and minus applicable fees. The underlying NYSE FANG+ Index, launched by NYSE in 2017, is an equal-dollar weighted benchmark tracking 10 highly traded growth stocks in technology, tech-enabled companies, media, communications, and consumer discretionary sectors; current components include Alphabet Inc. Class A, Apple Inc., CrowdStrike Holdings Inc., Broadcom Inc., NVIDIA Corp., Amazon.com Inc., Microsoft Corp., Netflix Inc., ServiceNow Inc., and Meta Platforms Inc. Class A, rebalanced quarterly to equal weights. Launched on January 25, 2018, with 13 million ETNs outstanding as of mid-2025 and listed on NYSE Arca, FNGA targets sophisticated investors seeking concentrated daily trading tools within diversified portfolios focused on U.S. public equity markets. Headquartered in Toronto, Canada, with U.S. operations through BMO Capital Markets Corp. as underwriter based in New York, the ETN matures in 2038 and forms part of the broader MicroSectors lineup of leveraged and inverse ETNs offered via collaboration between Bank of Montreal and REX Shares. In a major recent development, Bank of Montreal announced the redemption of FNGA in early 2025, concurrently launching MicroSectors FANG+ Index 3X Leveraged ETNs (Ticker: FNGB) on February 20, 2025, under the gross total return version of the NYSE FANG+ Index to provide continued leveraged access with updated fees reflecting current market conditions; this transition includes 3X leveraged long exposure products alongside complementary -3X inverse leveraged and 1X offerings in the FANG+ suite.
BMO Announces Exercise of its Call Right and Start of Call Measurement Period With Respect to the MicroSectors™ FANG+™ Index 3× Leveraged ETNs (Ticker: FNGA) and Provides a Reminder of the Availability of MicroSectors™ FANG+™ 3× Leveraged ETNs (Ticker: FN