# MicroSectors -3x Short Japan ETNs (JPND) — Overview

JPND · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/jpnd

## Price

Last close $48.03 on Oct 15, 2026. 52-week range $42.64 – $50.83.

## Fund profile

| Metric | Value |
| --- | --- |
| Issuer | BMO |
| Industry | — |
| Inception | Aug 21, 2026 |
| Assets under management | — |
| Expense ratio | 0.95% |
| Net asset value | $45.34 (as of Oct 14, 2026) |
| Distributions | — |
| Leverage | 3x |

## Frequently Asked Questions

### What is JPND's expense ratio?

MicroSectors -3x Short Japan ETNs charges an annual expense ratio of 0.95%. The fund is issued by BMO.

### How do I buy shares of MicroSectors -3x Short Japan ETNs (JPND)?

JPND trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

---

Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).