MAX S&P 500 4X Leveraged ETN

Bank of Montreal engages in the provision of banking and financial services to individuals and institutions. It operates through the following segments: Canadian Personal and Commercial Banking (Canadian P&C), United States Personal and Commercial Banking (U.S. P&C), BMO Wealth Management, BMO Capital Markets, and Corporate Services. The company was founded by Robert Armour, John C. Bush, Austin Cuvillier, George Garden, Horatio Gates, James Leslie, George Moffatt, John Richardson and Thomas A. Turner on June 23, 1817 and is headquartered in Toronto, Canada.

MAX S&P 500 4X Leveraged ETN is a risky investment that could seriously hurt someone's life savings. However, if used as a relatively small piece of a larger puzzle, SPYU could help to deliver market-beating returns over the long run. Having said the above, many individual investors might want to stay away from this ETN due to its potential for causing irreparable damage to a portfolio, if not handled right.

SPYU: A Great ETN For Savvy Investors

You've likely heard of 3x Leveraged ETFs - welcome to SPYU, the first 4x levered ETN that tracks the S&P 500. The extreme leverage employed by this fund immediately disqualifies it as a long-term investment vehicle due to the potential for permanent capital impairment. However, the built in volatility is interesting from a portfolio construction standpoint.

News for MAX S&P 500 4X Leveraged ETN Stock (SPYU)