Key facts
- BMO and REX Shares launched new ETNs focused on artificial intelligence.
- The MicroSectors™ 3× Long AI ETNs (AIQU) offer 3x leveraged exposure.
- The MicroSectors™ 3× Short AI ETNs (AIQD) offer 3x inverse exposure.
- The ETNs are issued by Bank of Montreal (BMO).
The launch of these leveraged and inverse Exchange Traded Notes (ETNs) provides investors with tools to speculate on or hedge against short-term movements in the artificial intelligence sector. The AI industry continues to be a significant focus for investors, driving demand for specialized investment products.