FNGB: High Costs And High Risk
2025-06-20 07:36:40 ET
Introduction
MicroSectors FANG+ 3x Leveraged ETN ( FNGB ) is a triple leveraged ETN that aims to be linked to the performance of the NYSE FANG+ Index. This is an investment for experienced traders who want to maximize leverage on the performance of the underlying index, while keeping in mind the costs and the short-term principles of this fund. Per the prospectus itself, the fund is expected to be a short-term investment. In terms of the underlying index, there are 10 highly traded growth stocks that are roughly equally weighted in the ETN, and these are companies that are focused on tech, AI, and communications. Please see below for some key details, taken from the prospectus ....
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FNGB: High Costs And High Risk
NASDAQ: FNGB
FNGB Trading
3.67% G/L:
$21.28 Last:
6,410,155 Volume:
$20.50 Open:
