OILU – MicroSectorsTM Oil&Gs Exp&Pd 3X Lvg ETNs – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to reflect a 3x leveraged long exposure to the performance of the Solactive MicroSectorsTM Oil & Gas Exploration & Production Index on a daily basis. The index is a total return index that tracks the stock prices of large-capitalization companies that are domiciled and listed in the U.S. and that are active in the exploration and production of oil and gas. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $25. The notes do not bear interest.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
OILU	MicroSectorsTM Oil & Gas Exploration & Production 3X Leveraged ETNs	ETF	Open	—	—	Nov 8, 2021	$72.26M	0.950%	—	—	—

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