MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038

FNGD was created on 2018-01-22 by REX Microsectors. The fund's investment portfolio concentrates primarily on theme equity. FNGD provides 300% inverse exposure to the daily price movements of an index of technology and consumer discretionary companies. The note uses derivatives to achieve its -3x exposure.