MicroSectors FANG+ 3 Leveraged ETNs (FNGU) est une société cotée en bourse dans le Services Financiers secteur, opérant dans le Asset Management secteur d'activité.
FNGU a date d'introduction en bourse 2025-02-24, cotée sur le NYSE, une capitalisation boursière de $1.73B.
FNGU offers 3x exposure to an index of FANG companies (Facebook, Apple, Amazon, Netflix, and Google), and other similar companies. Presumably, the index will always include these five companies, an index committee is responsible for selecting the additional names. At least ten stocks must be included in the index, the number it held when the note launched so investors can expect a high level of concentration. All holdings are equally weighted. As a geared product with daily resets of exposure, FNGU is designed as a short-term trading tool and not a long-term investment vehicle. Long-term returns could materially differ from those of the underlying index due to daily compounding. Prior to June 24, 2025, the fund utilizes the ticker FNGB.
