MicroSectors Gold Miners -3X Inverse Leveraged ETNs due June 29, 2040 is an exchange traded note launched by Bank of Montreal. The note seeks to track -3x the daily performance of the S-Network MicroSectors Gold Miners Index. The index represents the public equity markets of the United States. The index seeks to track companies operating across mining for gold and/or silver sector. It comprises of the growth and value stocks of companies across diversified market capitalization. The index employs a short equity strategy to select companies. The ETN will mature on June 29, 2040. MicroSectors Gold Miners -3X Inverse Leveraged ETNs due June 29, 2040 was formed on December 2, 2020 and is domiciled in the United States.
The number of IPOs and the capital raised this year are on track to outpace the last three years combined. And the thing is, successful IPOs attract more IPOs. Some will be genuine gems, while others, not so much. That’s why this week, we’re digging into the IPO market, and more importantly, how you can improve your odds of spotting a winner.
The Materials sector gained 3.1% while the market remained flat over the last week. More promisingly, the market is up 20% over the past year. Earnings are forecast to grow by 11% annually. Market details ›