How to buy
MAX ETNs can be purchased on most trading platforms during normal trading hours, just like many other public securities. Simply search for the ticker symbol of the MAX product you want to buy and follow the instructions to place an order. Alternatively, you can contact your financial advisor or broker account representative. Please note, your advisor or broker may charge commissions or other transaction fees.
Keep in mind that ETNs are complex financial products and you should thoroughly research and understand the risks before buying them. You may also want to consider consulting a financial advisor before making any investment decisions.
To invest in MAX ETNs, please instruct your broker, advisor, or custodian to reach out to us.
BMO Capital Markets Corp., an affiliate of the issuer, acts as the underwriter for the offerings of the ETNs.
The website includes information about exchange traded notes (ETNs) issued by Bank of Montreal. As discussed in more detail on the website, the ETNs are not suitable for all investors. In particular, the ETNs should be purchased only by sophisticated investors who do not intend to hold the ETNs as a buy and hold investment, who are willing to actively and continuously monitor their investment and who understand the consequences of investing in and of seeking daily resetting or daily resetting inverse leveraged investment results. The ETNs are designed to achieve their stated investment objectives on a daily basis. You should proceed with extreme caution in considering an investment in the ETNs.
Investors should proceed with extreme caution, as, due to the effect of compounding, the performance of these ETNs over longer periods of time can differ significantly from the performance (or inverse of the performance) of their underlying index or benchmark during the same period of time.
Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.
If the website contains links to other sites and resources provided by third parties, these links are provided for your convenience only. We have no control over the contents of those sites or resources, and accept no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third-party websites linked to this website, you do so entirely at your own risk and subject to the terms and conditions of use for such websites.
Bank of Montreal has filed a registration statement (including certain pricing supplements, prospectus supplement and prospectus) with the SEC for the ETN offerings discussed on this website. Before you invest, you should read such documents and any other documents that Bank of Montreal has filed with the SEC for more complete information about Bank of Montreal and these offerings. You may obtain these documents free of charge by visiting the SEC’s website at https://www.sec.gov. Alternatively, Bank of Montreal will arrange to send to you applicable pricing supplement, the prospectus supplement and the prospectus if you request it by calling its agent toll-free at 1-877-369-5412.