The return on the MSectors™ FANG+™ 2X Leveraged ETNs is linked to a 2X times leveraged participation in the daily performance of the NYSE® FANG+™ Index, minus the applicable fees. The ETNs are not “buy and hold” investments and should not be expected to provide a 2X times leveraged return of the underlying index’s cumulative return for periods greater than a day.
| PRODUCT DETAILS | |
|---|---|
| Sector | FANG+ |
| Ticker | FNGO |
| Intraday Indicative Note Value Ticker | FNGOIV |
| CUSIP | 63679856 |
| ISIN | US0636798565 |
| Issue Date | 8/1/2018 |
| Maturity Date | 1/8/2038 |
| DAILY MARKET DATA | |
|---|---|
| Closing Indicative Value | $97.51 |
| Market Capitalization | $487,556,738 |
| ETNs Outstanding | 5,000,000 |
| DOCUMENTS |
|---|
| Index Details | |
|---|---|
| Index Name | NYSE® FANG+™ Index |
| Index Ticker | NYFANG |
| Rebalance Frequency | |
| No. of Constituents | 10 |
The NYSE® FANG+™ Index includes 10 highly liquid stocks that represent industry leaders across today’s tech and internet/media companies. The index’s underlying composition is equally weighted across all stocks, providing a unique performance benchmark that allows for a value-driven approach to investing. While the performance of indices weighted by market capitalization can be dominated by a few of the largest stocks, an equal-weighting allows for a more diversified portfolio.
*Index rebalanced to equal 10% weights quarterly. Components as of SOD 12/16/2024, weightings rounded for ease of analysis.
