2 New MAX ETNs Target the Auto Industry

BMO launched two new MAX Exchange Traded Notes (ETNs) linked to the performance of the Prime Auto Industry Index. The MAX Auto Industry 3x Leveraged ETN (NYSE Arca: CARU) and the MAX Auto Industry -3x Inverse Leveraged ETN (NYSE Arca: CARD) trade on NYSE Arca. The leveraged and inverse leveraged ETNs target stocks of U.S.-listed [...] The post 2 New MAX ETNs Target the Auto Industry appeared first on ETF Trends .