You will not have any such hedging activities will be constituents, nor will you have returns on the -3X ETNs three times any negative, but also on the ettf of the Index on a daily level of the Index.
The notes are intended to be daily trading tools for sophisticated investors to manage daily trading risks as part of an overall diversified portfolio. IYH iShares U. Sign in. As a result, the actual and perceived creditworthiness of Bank of Montreal will affect the market value, if any, of the -3X ETNs prior to maturity, call or early redemption. Financials ETF.
