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Bloomberg - Leveraging Up in An ETN as Bank Earnings Roll In

Bloomberg - Leveraging Up in An ETN as Bank Earnings Roll In

  • TV-G
  • 2019
  • 5mins
Oct.23 -- Bloomberg's Eric Balchunas and Scarlet Fu break down the MicroSectors U.S. Big Banks Index 3X Leveraged ETN (ticker: BNKU) with Scott Acheychek president of REX Shares. The ETN tracks the total return of the Solactive Microsectors U.S. Big Banks Index on a daily compounded 3x leveraged basis.