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Financings Routine +

LongPoint Asset Management Inc. Opens the Market

LongPoint’s Leveraged ETF Push: Tactical Growth Meets Niche Demand in a Volatile Market

By The Northwire Desk — AI Analysis Jun 02, 2026 · 10:31 RBNU · 28.85 SAVVYLONG 2X HOOD ETF
Executive Summary

Product Launch and Market Opening

  • LongPoint Asset Management Inc. announced the launch of three new SavvyLong double-leveraged single stock ETFs on the Toronto Stock Exchange (TSX) on May 28, 2026.
  • The funds provide 2x daily leveraged long exposure to Robinhood Markets (HOOD), Meta Platforms (META), and Palantir Technologies (PLTR).
  • Trading commenced in Canadian Dollars without U.S. dollar hedging.
  • On June 2, 2026, the company held a market opening ceremony with CEO Steve Hawkins and TSX Managing Director Graham MacKenzie to officially launch the funds.
  • The launch expands LongPoint’s existing platform, which the company claims was the fastest-growing ETF provider in Canada by percentage in 2025.
  • The company currently manages 49 Canadian-listed ETFs with over $400 million in assets under management.
Material Impact

Evaluation of Recent News

  • The June 2 market opening is a procedural follow-up to the May 28 product announcement.
  • The news is expected and incremental, aligning with the company’s stated strategy of expanding its double-leveraged single stock ETF family.
  • No material financial impact, revenue figures, or AUM growth metrics are disclosed in the release.
  • Leveraged ETFs are a niche product class with high tracking error and volatility decay risks, limiting immediate broad market impact.
  • The announcement does not alter the company’s fundamental outlook or trigger a re-rating of the stock.
RBNU · Price
Company Overview

Business Profile

  • LongPoint Asset Management Inc. is a Canadian-owned and operated ETF provider.
  • The company focuses on designing and launching targeted, multi-family ETF solutions.
  • Flagship project: SavvyLong leveraged single stock ETFs, offering 2x and -2x daily exposure to specific equities.
  • The company reported being the fastest-growing ETF provider in Canada by percentage in 2025.
Read the original news release →

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