Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.70% -- 43.48M --
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
-- -- 0.00 Upgrade

Basic Info

Investment Strategy
The investment seeks to linked to the performance of the Indxx MicroSectorsTM North American Cannabis Index, which is described in this pricing supplement. The index is designed to track the performance of companies that are publicly traded in the U.S. and/or Canada, and that provide products or services related to the medical or industrial use of cannabis or products derived from cannabis. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50. The notes do not bear interest.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Growth
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Miscellaneous Sector
Category Index Morningstar US Market TR USD
Global Category Name Equity Miscellaneous
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Specialty - Unaligned
Fund Owner Firm Name BMO Capital Markets
Prospectus Benchmark Index
Indxx MicroSectors NA Cannabis USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
No Manager 2.89 yrs

Performance Versus Category

 
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No Data Available
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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Annual Total Returns Versus Peers

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Name
2016
2017
2018
2019
2020
2021
2022
2023 *
--
--
--
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33.13%
8.16%
0.00%
0.00%
7.51%
22.40%
-8.71%
27.67%
15.90%
21.82%
-18.14%
13.30%
--
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22.95%
61.70%
10.46%
-40.08%
6.90%
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-11.47%
-4.84%
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4.57%
36.38%
0.88%
41.85%
34.22%
-12.72%
-32.38%
6.34%
As of June 27, 2023. *Indicates data for the year is incomplete.

Asset Allocation

As of June 30, 2021.
Type % Net % Long % Short
Cash 0.00% Upgrade Upgrade
Stock 100.00% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to linked to the performance of the Indxx MicroSectorsTM North American Cannabis Index, which is described in this pricing supplement. The index is designed to track the performance of companies that are publicly traded in the U.S. and/or Canada, and that provide products or services related to the medical or industrial use of cannabis or products derived from cannabis. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50. The notes do not bear interest.
General
Security Type Exchange-Traded Fund
Equity Style Mid Cap/Growth
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Miscellaneous Sector
Category Index Morningstar US Market TR USD
Global Category Name Equity Miscellaneous
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Specialty - Unaligned
Fund Owner Firm Name BMO Capital Markets
Prospectus Benchmark Index
Indxx MicroSectors NA Cannabis USD 100.0%
Broad Asset Class Benchmark Index
^MSWNTR 100.0%
Manager Tenure
No Manager 2.89 yrs

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