Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043

Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043

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Key stats

Assets under management (AUM)
‪1.87 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−0.08%

About Bank Of Montreal MicroSectors Gold -3X Inverse Leveraged ETNs due January 29, 2043

Issuer
Bank of Montreal
Brand
REX Microsectors
Expense ratio
0.95%
Home page
Inception date
Feb 22, 2023
Index tracked
LBMA Gold Price PM ($/ozt)
Management style
Passive
DULL is an exchange-traded note, a debt obligation of the Bank of Montreal, that which provides 3x daily inverse leveraged exposure to the performance of SPDR Gold Shares Trust, which trades under the ticker GLD. As such, DULL is not a buy-and-hold product and is best designed for short-term tactical trading purposes only. Returns can vary significantly from -3x exposure to shares if held for longer than a day. DULLs underlying fund is the first ETF to invest directly in physical gold. NAV for the underlying fund is determined using the LBMA PM Gold Price (formerly the London PM Gold Fix), which results in an extremely close relationship with spot prices. As a debt obligation, investors are exposed to the credit risk of the bank.
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy