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LongPoint Adds to Its Family of Double Leveraged Single Stock ETFs
LongPoint Expands Leveraged ETF Suite Amidst Small AUM Base

Executive Summary
- LongPoint Asset Management Inc. announced the launch of three new Savvy Double Leveraged Single Stock ETFs on the Toronto Stock Exchange (TSX).
- The specific funds launched are RBNU (2x HOOD), METU (2x META), and PLTU (2x PLTR).
- Trading commenced immediately in Canadian Dollars without hedging exposure to the U.S. dollar.
- LongPoint currently manages 49 Canadian-listed ETFs with over $400 million in assets under management (AUM) as per release context.
- Initial share offerings for these new funds have closed, indicating immediate capital deployment or liquidity provision.
Material Impact
- The news represents an incremental expansion of the product suite rather than a fundamental shift in business model.
- Launching leveraged ETFs is consistent with LongPoint's existing strategy ("Canada's only double-leveraged single stock ETF family").
- Given the small AUM base ($400 million), this launch adds to revenue potential but does not materially alter the company's risk profile or valuation significantly on its own.
- The news confirms execution capability (initial offerings closed) which validates operational competence, a positive signal for an asset manager.
- No new strategic investors or major capital raises are disclosed in this release that would suggest a change in control or massive liquidity injection.
RBNU · Price
Company Overview
- Company: LongPoint Asset Management Inc. is a Canadian-owned provider of leveraged single stock ETF solutions.
- Flagship Project: The Savvy Double Leveraged Single Stock ETF family, currently comprising 49 funds including the newly launched RBNU, METU, and PLTU.
- Development Status: Active product management with immediate trading commencement on TSX for new products.
- Scale: Small-scale operator with $400 million AUM compared to major asset managers (e.g., BlackRock, Vanguard) which manage trillions.