REX Shares & BMO Launches First FANG+ Linked ETNs
November 13, 2019 at 13:00 PM EST
BMO and REX Shares via MicroSectors today launched the MicroSectors FANG+ Exchange Traded Note (FNGS), the first and only FANG+ linked ETN. The NYSE® FANG+™ Index includes 10 highly liquid stocks that represent industry leaders across today’s tech and internet/media companies, including Facebook ( FB ) , Apple ( AAPL ) , Amazon ( AMZN ) , Netflix ( NFLX ) , and Google ( GOOGL ) , at 10% each. The goal is to provide a better barometer of tech.
