Northwire Canada EditionThursday, October 15, 2026
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LongPoint ETFs Opens the Market

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

By The Northwire Desk — AI Analysis Jun 19, 2026 · 10:39 AMDU · 23.71 SAVVYLONG 2X AMD ETF
Executive Summary
  • LongPoint Asset Management Inc. launched three new 2x leveraged single-stock ETFs on the Toronto Stock Exchange (TSX): SavvyLong (2X) SpaceX ETF (ORBU), SavvyLong (2X) AMD ETF (AMDU), and SavvyLong (2X) Micron ETF (MUU).
  • Trading commenced on June 17, 2026, following an official market opening ceremony with TSX leadership.
  • The products target active Canadian investors seeking tactical, CAD-denominated exposure to high-demand sectors (semiconductors and aerospace).
  • LongPoint notes it was the fastest-growing ETF provider in Canada by percentage in 2025 and currently manages 52 ETFs with over $400 million in assets under management.
  • The release emphasizes the speculative, short-term nature of the products, warning of compounding effects, volatility decay, and amplified losses.
Material Impact
  • Product launches are standard operational expansions for asset managers and do not constitute transformative events.
  • Revenue impact will be incremental, driven by management fees and potential trading volume, but no fee tiers, AUM targets, or launch inflows are disclosed.
  • Leveraged single-stock ETFs are inherently high-risk, high-turnover instruments. They typically attract short-term traders rather than long-term capital, limiting sustainable AUM growth and fee compounding.
  • No debt, capital raise, or balance sheet impact is mentioned. The event is purely product-driven.
AMDU · Price
Company Overview
  • LongPoint Asset Management Inc. is a Canadian exchange-traded fund provider focused on leveraged and tactical investment solutions.
  • The firm manages 52 Canadian-listed ETFs and positions itself as the fastest-growing ETF provider in Canada on a percentage basis in 2025.
  • Product strategy centers on high-beta, short-term trading instruments, including leveraged energy, index, and now single-stock ETFs.
  • Target audience is active/sophisticated investors rather than passive long-term allocators.
Read the original news release →

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Jun 15, 2026 · 09:32

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

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