MicroSectors U.S. Big Oil 3x Leveraged ETNs due February 17, 2045 (NRGU)
Company News
BMO Investments Inc. announced a special reinvested distribution for unitholders of its Global Health Care Fund and Global Infrastructure Fund ETF Series, where distributions will be automatically reinvested in additional fund units without cash payment.
Groupe Colabor Inc. has secured temporary tolerance agreements with its main lenders and Investissement Québec, allowing the company to defer certain financial commitments for Q3 and Q4 2025 following a July cybersecurity incident.
UBS analysts have a cautiously optimistic outlook on Canadian banks, recommending buys on Royal Bank of Canada and National Bank of Canada due to their strong balance sheets and diversified business mix, while maintaining neutral ratings on the other four major banks amidst macroeconomic challenges.
Investors could tap the bullish trend in the oil price with the help of leveraged ETFs to make quick profits, as these could see huge gains in a very short time frame compared to simple products.