MicroSectors U.S. Big Banks Index 3X Leveraged ETNs due March 25, 2039

MicroSectors U.S. Big Banks Index 3X Leveraged ETNs due March 25, 2039 is an exchange traded note launched by Bank of Montreal. The note seeks to track thrice the daily performance of the Solactive MicroSectors U.S. Big Banks Index, total return. The index represents the public equity markets of the United States. It uses derivatives to include the stocks of companies operating in the banking sector. The index comprises of the growth and value stocks of large-cap companies. The ETN will mature on March 25, 2039. MicroSectors U.S. Big Banks Index 3X Leveraged ETNs due March 25, 2039 was formed on April 2, 2019 and is domiciled in the United States.