Max Auto Industry 3X Leveraged ETN
CARU23.8841.39% ( -0.337 )
About
CARU is an exchange-traded note that tracks 3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity.
- Name
- Max Auto Industry 3X Leveraged ETN
- Index tracked
- Prime Auto Industry NR USD
- Type
- Other
- Expense ratio
- 0.95%
- Management fee
- 0.95%
- Dividend policy
- Irregular
- NAV
- USD 24.23012 (08/04/2026)
- Issued units
- 160.00K (08/04/2026)
- Listing date
- Jun 27, 2023
- Sponsor
- Bank of Montreal
- Custodian
- --