Welcome to our dedicated page for MicroSectors™ Solactive FANG & Innovation -3X Inverse Leveraged ETNs SEC filings (Ticker: BERZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on MicroSectors™ Solactive FANG & Innovation -3X Inverse Leveraged ETNs's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into MicroSectors™ Solactive FANG & Innovation -3X Inverse Leveraged ETNs's regulatory disclosures and financial reporting.
Bank of Montreal is offering senior medium-term fixed rate notes due December 12, 2030. Each Note has a $1,000 principal amount and pays a fixed interest rate of 4.50% per annum, with interest paid semi-annually on June 12 and December 12, starting June 12, 2026.
The Notes may be redeemed by Bank of Montreal at par plus accrued interest, in whole but not in part, on optional redemption dates every June 12 and December 12 from December 12, 2026 through June 12, 2030. They are unsecured obligations, not insured by any government agency, and will not be listed on any securities exchange, so liquidity may be limited.
The Notes are designated as bail-inable notes and may be converted into common shares of Bank of Montreal or its affiliates, or varied or extinguished, under Canadian bank resolution powers. For each Note, the original issue price is $1,000, the underwriting discount is $15, and proceeds to Bank of Montreal are $985.
Bank of Montreal is offering US$809,000 Senior Medium-Term Notes, Series K Contingent Risk Absolute Return Buffer Notes due November 29, 2030, linked to the S&P 500® Index.
The notes provide 150.00% leveraged upside to the index, capped at a Maximum Redemption Amount of $1,371.00 per $1,000 (a 37.10% maximum gain). If the index finishes below the Initial Level but at or above the 80.00% Buffer Level, holders receive 150.00% of the absolute decline, up to a Maximum Downside Redemption Amount of $1,300.00 per $1,000 (a 30.00% gain.
If the S&P 500® falls more than 20.00% from the Initial Level of 6,705.12, principal is reduced 1% for each 1% drop beyond the buffer, with up to 80.00% loss. The notes pay no interest, are unsecured obligations of Bank of Montreal, will not be listed on an exchange, and have an estimated initial value of $933.39 per $1,000, below the 100% issue price, reflecting offering and hedging costs.
Bank of Montreal is issuing US$1,141,000 of Senior Medium-Term Notes, Series K Capped Buffer Enhanced Return Notes due November 30, 2028, linked to the S&P 500® Index. The notes offer 150.00% leveraged upside on any S&P 500® gain, but the payment is capped at a Maximum Redemption Amount of $1,220.00 per $1,000 in principal (a 22.00% maximum return).
The notes provide a 20.00% downside buffer: if the index falls by 20.00% or less from the Initial Level of 6,705.12, investors receive principal back at maturity. If the index decline exceeds 20.00%, investors lose 1% of principal for each additional 1% drop, and could lose up to 80.00% of principal.
The notes pay no interest, are unsecured obligations of Bank of Montreal, will not be listed on an exchange, and are subject to the bank’s credit risk and limited secondary market liquidity. The estimated initial value is $954.19 per $1,000, below the 100% price to public, reflecting offering and hedging costs and internal funding rates.
Bank of Montreal is issuing $1,710,000 of Senior Medium-Term Notes, Series K, maturing on November 30, 2028, whose return is linked to the least performing of the NASDAQ-100 Index® (NDX) and the Dow Jones Industrial Average® (INDU). The notes offer 1-to-1 exposure to any positive performance of the weaker of the two indexes, multiplied by a 100% Upside Leverage Factor, but the total payoff is capped at a Maximum Redemption Amount of $1,210 per $1,000 of principal, a maximum return of 21.00%.
If the Final Level of the Least Performing Reference Asset is at or below its Initial Level, investors receive back only the $1,000 principal at maturity, with no additional return, and the notes pay no periodic interest. The estimated initial value is $968.05 per $1,000 of principal, below the price to the public, reflecting structuring, distribution and hedging costs. The notes are unsecured obligations of Bank of Montreal, subject to its credit risk, are not insured by any deposit insurer, and will not be listed on any securities exchange, so liquidity will depend on BMO Capital Markets’ willingness to make a secondary market.
Bank of Montreal is offering US$658,000 of Senior Medium-Term Notes, Series K, structured as autocallable barrier notes with step-up call amounts due November 30, 2029. The notes are linked to the least performing of the NASDAQ-100 Index®, the Russell 2000® Index and the Dow Jones Industrial Average®.
Starting December 1, 2026, if on any Observation Date all three indexes close at or above 100% of their Initial Levels, the notes are automatically redeemed at par plus a fixed Call Amount, which steps up over time and equates to about 9.50% per year (for example, $95 on the first call date and up to $380 per $1,000 note on the Valuation Date). If the notes are not called and the worst-performing index is at or above 70% of its Initial Level on the Valuation Date, investors receive full principal at maturity; if it is below 70%, repayment is reduced in line with the negative performance of that index, potentially to zero.
The notes are unsecured obligations of Bank of Montreal and are not insured by any government agency. The estimated initial value is $941.44 per $1,000 principal amount, reflecting dealer compensation and hedging costs. For U.S. federal income tax purposes, the notes are intended to be treated as pre-paid derivative contracts linked to the reference indexes.
Bank of Montreal is offering $3,933,000 of senior market-linked notes tied to the worst performer of Meta (META), NVIDIA (NVDA) and PayPal (PYPL), with a $1,000 face amount per security and an estimated initial value of $947.55. The notes pay a monthly contingent coupon at a 20.00% per annum rate only if the lowest performing stock on each calculation day closes at or above 65% of its starting value; missed coupons can be "remembered" and paid later if the test is met. From February 2026 to October 2028, the notes are auto-callable if the lowest stock is at or above its starting value, returning principal plus the applicable coupon(s). If the notes are not called and, at final valuation in November 2028, the lowest stock is below 65% of its starting value, repayment of principal is reduced in line with that decline, and investors can lose more than 35% and up to all of their investment. The securities are unsecured obligations of Bank of Montreal, carry issuer credit and liquidity risk, and feature complex, uncertain U.S. tax treatment, including 30% withholding on coupons for many non-U.S. investors.
Bank of Montreal is issuing US$1,289,000 of Senior Medium-Term Notes, Series K, callable barrier notes due November 30, 2028, linked to the S&P 500 Index, the Russell 2000 Index and the Nasdaq-100 Technology Sector Index.
The notes offer a monthly contingent coupon of 0.6833% (about 8.20% per year), paying only if all three indices are at or above 70% of their initial levels on each observation date. Beginning May 26, 2026, BMO may call the notes on any observation date, returning principal plus the applicable coupon.
If the notes are not called and any index finishes below its 70% trigger level at maturity, principal is reduced 1% for each 1% decline in the worst-performing index, potentially to zero. The notes are unsecured, will not be listed, and have an estimated initial value of $931.40 per $1,000 reflecting embedded costs and hedging.
Bank of Montreal is offering senior medium-term Redeemable Fixed Rate Notes, Series K, due December 12, 2030. Each Note has a principal amount of $1,000 and pays fixed interest at 4.40% per annum, with interest paid semi-annually on June 12 and December 12, starting June 12, 2026.
The Notes are unsecured obligations of Bank of Montreal and are subject to the bank’s credit risk. They are also bail-inable notes, meaning they can be converted into common shares of Bank of Montreal or an affiliate, or varied or extinguished, under the Canada Deposit Insurance Corporation Act in the event of a resolution action.
The Notes may be redeemed at the issuer’s option, in whole but not in part, at 100% of principal plus accrued interest on specified semi-annual dates from December 12, 2027 through June 12, 2030. The Notes will not be listed on any securities exchange, and no active trading market is expected. The original issue price is $1,000 per Note, including a $15 underwriting discount, resulting in $985 in proceeds to Bank of Montreal per Note.
Bank of Montreal is issuing US$178,000 of Senior Medium-Term Notes, Series K, maturing on November 30, 2028, linked to the least performing of the Russell 2000® Index and the S&P 500® Index. The notes offer 125% leveraged upside on any positive performance of the worst-performing index, but principal is only protected if that index does not fall more than 25% from its initial level. If it declines beyond this 25% barrier, repayment is reduced 1% for every 1% drop, down to a possible total loss of principal.
The notes pay no interest, are not listed on any exchange, and all payments depend on the credit of Bank of Montreal. The price to the public is 100% of principal, with a 3.00% selling commission and 97.00% of proceeds to the bank. The estimated initial value is $959.79 per $1,000, reflecting offering, structuring and hedging costs. The minimum denomination is $1,000, and the product carries complex market, liquidity, credit and tax risks.
Bank of Montreal is issuing senior market-linked notes tied to an approximately equally weighted basket of the Nasdaq-100, S&P 500 and EURO STOXX 50 indices, maturing on November 29, 2029. Each security has a $1,000 face amount, a 100% upside participation rate and a maximum return of 32.40%, capping the maturity value at $1,324 per security. Downside exposure is 1-to-1 for the first 5% decline in the basket, with a minimum payment at maturity of $950, so investors can lose up to 5% of principal, subject to issuer credit risk.
The notes pay no interest, are unsecured obligations of Bank of Montreal and are not insured or exchange-listed. The estimated initial value on the pricing date is $955.37 per security, below the $1,000 offering price, reflecting distribution costs and hedging margins. For U.S. tax purposes, the notes are expected to be treated as contingent payment debt instruments with a comparable yield of 4.229%, meaning investors generally accrue taxable interest income each year before receiving any cash.