BMO and REX Shares Launch MicroSectors™ 3× Long and -3× Short High Yield and Investment Grade Corporate Bond ETNs (Cboe BZX: HYGU, HYGD, LQDU, LQDD)
BMO and REX Shares launched four new MicroSectors ETNs offering 3x leveraged long and short exposure to high-yield and investment-grade corporate bond indices. The HYGU, HYGD, LQDU, and LQDD notes are linked to VettaFi indices tracking the HYG and LQD ETFs and begin trading August 11 on the Cboe BZX Exchange.
Key figures
- Total assets
- $1.5 trillion
- Maturity date
- July 31, 2046
- Leverage ratio
- 3
AI analysis
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