LongPoint ETFs Opens the Market

• On June 19, 2026, LongPoint Asset Management Inc. held an official market opening ceremony on the Toronto Stock Exchange (TSX) to launch three new SavvyLong 2X leveraged single-stock ETFs: ORBU (SpaceX), AMDU (AMD), and MUU (Micron Technology).
• Trading for these funds commenced on June 17, 2026, following the initial announcement on June 15.
• The ETFs provide 2x daily leveraged long exposure to their respective underlying assets, trade in Canadian dollars, and do not hedge USD exposure.
• LongPoint highlighted its position as the fastest-growing ETF provider in Canada by percentage in 2025 and emphasized targeting active, sophisticated investors seeking tactical exposure to the AI semiconductor sector and the newly public SpaceX.
• The launch follows a clear product expansion trajectory, building on December 2024 leveraged energy ETFs and May 2025 triple-levered index ETFs.

• The news represents a standard product expansion and commercial execution step rather than a fundamental shift in the business model.
• Leveraged single-stock ETFs are highly specialized, intended for daily/short-term trading, and subject to volatility decay and compounding effects that limit long-term institutional adoption.
• Revenue impact will be incremental and lagging; tracking fees and marketing costs typically offset early AUM growth. Material fee revenue will only materialize if sustained trading volume and AUM accumulation occur over multiple quarters.
• The underlying assets (SpaceX, AMD, Micron) are high-conviction, high-volatility names. While retail and sophisticated trading interest may be strong initially, sustained flows depend on broader market sentiment and sector performance.
• The announcement is fully consistent with prior product launches and does not introduce unexpected catalysts or structural changes to the company's financial profile.

• LongPoint Asset Management Inc. is a Canadian exchange-traded fund provider focused on leveraged and specialized investment products.
• The company targets active and sophisticated investors, offering daily leveraged long/short exposure to single stocks, indices, and commodities.
• Management claims to be the fastest-growing ETF provider in Canada by percentage in 2025, driven by a strategy of launching niche, high-demand leveraged products on the TSX.
• The business model relies on asset-based fees, product distribution, and continuous innovation in leveraged and alternative ETF structures.