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BMO (NYSE:BMO), with REX Shares, launched MicroSectors™ 3× Long AI ETNs (AIQU) and -3× Short AI ETNs (AIQD), due May 30, 2046, set to trade on NYSE Arca.
They provide 3× daily long or short exposure to the BITA AI Leaders Select NTR US Index, target sophisticated traders, are not buy-and-hold products, and carry BMO credit risk.