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LongPoint Adds to Its Family of Double Leveraged Single Stock ETFs

LongPoint bets on leveraged single-stock ETFs as AI and aerospace demand fuels niche product expansion.

By The Northwire Desk — AI Analysis Jun 15, 2026 · 09:32 AMDU NaN
Executive Summary
  • LongPoint Asset Management Inc. announced the launch of three new double-leveraged single-stock ETFs (AMDU, MUU, ORBU) on the Toronto Stock Exchange (TSX), with trading commencing June 17, 2026.
  • The funds provide 2X daily leveraged long exposure to Advanced Micro Devices (AMD), Micron Technology, and SpaceX, respectively, priced in Canadian Dollars.
  • The launch expands LongPoint's existing suite of 52 Canadian-listed ETFs, bringing total assets under management to over $400 million.
  • The products are explicitly marketed toward sophisticated investors for daily or short-term tactical trading, with clear warnings regarding compounding effects, volatility decay, and amplified losses.
  • No fee structures, expense ratios, or initial AUM targets were disclosed in the release.
Material Impact
  • The announcement represents a standard product expansion rather than a fundamental shift in revenue, profitability, or capital structure.
  • Leveraged single-stock ETFs are a niche, high-cost segment that typically experiences rapid inflows followed by swift outflows during volatility spikes or trend reversals.
  • Without disclosed fee schedules or AUM commitments, the immediate financial impact on LongPoint is negligible. Management fees will only materialize as sustained capital inflows occur over time.
  • The underlying reference stocks (AMD, Micron, SpaceX) are unrelated to LongPoint's balance sheet; the ETFs are merely tracking vehicles.
  • The event does not alter LongPoint's risk profile or operational requirements in a material way.
AMDU · Price
Company Overview
  • LongPoint Asset Management Inc. is a Canadian ETF provider currently managing 52 funds with over $400 million in AUM.
  • The company focuses on leveraged and thematic products, recently expanding into crude oil, natural gas, and now double-leveraged single-stock ETFs.
  • The business model relies on management fees tied to AUM, making scale, distribution partnerships, and product differentiation critical for long-term viability.
  • The firm positions itself as Canada's only provider of double-leveraged single-stock ETFs, a narrow niche that limits addressable market but offers potential pricing power if demand holds.
Read the original news release →

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Jun 19, 2026 · 10:39

Canada's fastest-growing ETF provider expands into double-leveraged single-stock exposure amid AI and aerospace demand.

Financings