Today in News History

On July 6, several notable moments in the history of News stand out. In 1017, Genshin, Japanese scholar (born 942) passed away. In 1823, Sophie Adlersparre, Swedish publisher, writer, and women's rights activist (died 1895) was born. In 1838, Vatroslav Jagić, Croatian philologist and scholar (died 1923) was born. In 1890, Dhan Gopal Mukerji, Indian-American author and scholar (died 1936) was born. In 1892, Three thousand eight hundred striking steelworkers engage in a day-long battle with Pinkerton agents during the Homestead Strike, leaving ten dead and dozens wounded. In 1925, Gazi Yaşargil, Turkish neurosurgeon and academic was born. In 1954, Cornelia Sorabji, Indian lawyer, social reformer and writer (born 1866) passed away. In 1976, Ioana Dumitriu, Romanian-American mathematician and academic was born. In 1982, While attempting to return to Sheremetyevo International Airport, Aeroflot Flight 411, an Ilyushin Il-62, crashes near Mendeleyevo, Moscow Oblast, killing all 90 people on board. In 1982, Brandon Jacobs, American football player was born. Together, these milestones provide historical context for today's news news and ongoing narratives.

FNGU (NYSEARCA: FNGU) Investors Face Far More Than A 0.95% Fee As Volatility Decay Quietly Destroys Returns

Foreign Policy Journal

July 5, 2026

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FNGU (NYSEARCA: FNGU) Investors Face Far More Than A 0.95% Fee As Volatility Decay Quietly Destroys Returns

The MicroSectors FANG+ Index 3X Leveraged ETN (NYSEARCA: FNGU), issued by Bank of Montreal, carries an investor fee of roughly 0.95 annualized on notional exposure. That works out to approximately 95 per year for every 10,000 invested, a figure that sounds manageable until the structural costs underneath it are examined. An investor who put 10,000 [] The post FNGU (NYSEARCA: FNGU) Investors Face Far More Than A 0.95 Fee As Volatility Decay Quietly Destroys Returns appeared first on Foreign Policy Journal.

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