XXXX — MAX S&P 500 4X Leveraged ETN
MAX S&P 500 4X Leveraged ETN (ticker: XXXX) is a equity ETF issued by BMO Financial Group tracking S&P 500. It was launched on 2023-12-05.
About XXXX
XXXX is an exchange-traded note (ETN) that seeks to provide 4x leveraged exposure to the daily performance of the S&P 500 index. It is issued by BMO Financial Group and falls under the leveraged equity, U.S. large-cap segment.
This product is designed for investors seeking magnified returns from the S&P 500. It launched on December 5, 2023, and has an expense ratio of 2.95%.
- Tracks the S&P 500 index with 4x leveraged daily returns.
- Categorized as a Leveraged Equity: U.S. - Large Cap ETN.
- Issued by BMO Financial Group.
- Launched on December 5, 2023.
- Has an expense ratio of 2.95%.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -9.19% |
| 1 Week | -10.48% |
| 1 Month | 4.34% |
| 3 Months | 24.95% |
| 6 Months | 13.64% |
| YTD | 17.43% |
| 1 Year | 73.91% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Fund Profile
| Issuer | BMO Financial Group |
|---|---|
| Brand | Max |
| Asset Class | equity |
| Strategy | Vanilla |
| Category | Size and Style |
| Segment | Leveraged Equity: U.S. - Large Cap |
| Index Tracked | S&P 500 |
| Inception Date | 2023-12-05 |
| Tax on Distributions | Qualified dividends |
Quick Facts
| Ticker | XXXX |
|---|---|
| Full Name | MAX S&P 500 4X Leveraged ETN |
| Issuer | BMO Financial Group |
| Asset Class | equity |
| Expense Ratio | 0.03% |
| Inception | 2023-12-05 |
| Index Tracked | S&P 500 |
Frequently Asked Questions
What does XXXX track?
XXXX (MAX S&P 500 4X Leveraged ETN) tracks S&P 500, a equity benchmark.
What is the expense ratio of XXXX?
XXXX has an expense ratio of 0.03% per year.
What is the AUM of XXXX?
Assets under management for XXXX are reported by BMO Financial Group and updated regularly on this page.
Does XXXX pay a dividend?
XXXX distributes income according to its prospectus (Qualified dividends tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues XXXX?
XXXX is issued by BMO Financial Group under the Max brand, launched on 2023-12-05.
Open the interactive XXXX dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.