BMO Launches MAX S&P 500 4X Leveraged ETNs on the NYSE

Bank of Montreal has launched 4X leveraged exchange-traded notes (ETNs) linked to the S&P 500 Total Return Index. The MAX S&P 500 4x Leveraged ETNs (NYSE Arca: XXXX) trade on the NYSE. These ETNs have been designed to offer a return linked to a four-times leveraged participation in the Index’s daily performance, before fees and [...] The post BMO Launches MAX S&P 500 4X Leveraged ETNs on the NYSE appeared first on ETF Trends .