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Launches

BMO and REX Launch 3× Country ETNs for Brazil, Japan and Taiwan

BMO and REX Shares have launched six MicroSectors ETNs offering 3× long and -3× short daily exposure to Brazil, Japan and Taiwan equities. Trading on Cboe BZX begins August 20 under BRZL/BRZD, JPNU/JPND and TAWN/TPEI. The products track VettaFi indices tied to the iShares MSCI Brazil (EWZ), Japan (EWJ) and Taiwan (EWT) ETFs. Designed for sophisticated investors, the ETNs reset leverage daily, introducing compounding and decay risks over longer holding periods.

At a glance
Beat
Launches
Issuer
REX Shares, BMO
Region
United States
Filed
20 August 2026

Source: Press Release

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