MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038

FNGA

Börsenwert 5,64 Mrd. $

Filed Pursuant to Rule 433 Registration Statement No. 333-285508 May 1, 2025 NEW YORK , May 1, 2025 /PRNewswire/ - Bank of Montreal ("BMO") (i) announced today that it exercised its call right to redeem all of the outstanding securities of its MicroSectorsTM FANG+TM Index 3× Leveraged ETNs due January 8, 2038, CUSIP: 063679534 (the "FNGA ETNs") and that the Call Measurement Period for the FNGA ETNs is expected to begin tomorrow, May 2, 2025; and (ii) provided a reminder today of the availability of a new Exchange Traded Note ("ETN"), the MicroSectorsTM FANG+TM 3× Leveraged ETNs due February 17, 2045, CUSIP: 063679385 (the "FNGB ETNs").

Filed Pursuant to Rule 433 Registration Statement No. 333-285508 April 24, 2025 NEW YORK , April 24, 2025 /PRNewswire/ - Bank of Montreal ("BMO") provided a reminder today of (i) its intention to exercise its call right and redeem all of the outstanding securities of its MicroSectorsTM FANG+TM Index 3× Leveraged ETNs due January 8, 2038, CUSIP: 063679534 (the "FNGA ETNs"); and (ii) the availability of a new Exchange Traded Note ("ETN"), the MicroSectorsTM FANG+TM 3× Leveraged ETNs due February 17, 2045, CUSIP: 063679385 (the "FNGB ETNs").

NEW YORK , Feb. 19, 2025 /PRNewswire/ - Bank of Montreal ("BMO") announced today (i) its intention to redeem all of the outstanding securities of its MicroSectorsTM FANG+™ Index 3× Leveraged ETNs due January 8, 2038, CUSIP: 063679534 (the "FNGU ETNs"); (ii) its plan to change the ticker symbol for the FNGU ETNs; and (iii) the launch of a new ETN, the MicroSectors™ FANG+™ 3× Leveraged ETNs due January 23, 2045, CUSIP: 063679385 (the "FNGB ETNs"), which is expected to reuse the "FNGU" ticker symbol at a later date.    The table below summarizes the announcements being made with respect to the FNGU ETNs and the FNGB ETNs.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

We highlight a bunch of the best-performing leveraged equity ETFs of 2024.

Demand for leveraged and inverse ETFs is solid as these fetch outsized returns on quick market turns in a short span.

We have highlighted a bunch of the best-performing leveraged ETFs of the fourth quarter.

MicroSectors FANG+ Index 3X Leveraged ETN is an ETN that aims to deliver 3x the daily performance of the NYSE FANG+ Index which focuses on 10 companies. Although it's difficult to advocate for a long-term buy/hold use, the ETN can boost a portfolio's performance in periods of slow growth; a scenario more and more likely. Investors should assess the unique risks that FNGU introduces in order to better assess how much to allocate to it, if at all.

The MicroSectors FANG+ Index 3X Leveraged ETN offers 3X bullish exposure to 10 mega-cap tech stocks but is currently rated a hold due to recent massive gains. FNGU's performance has been driven by stocks like CrowdStrike and Netflix, but its extreme leverage and tracking error make it risky for long-term holding. Despite outstanding momentum and seasonality favoring tech stocks, the reward/risk ratio is insufficient to justify buying FNGU at its current overbought levels.

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.