LongPoint ETFs Opens the Market

Executive Summary

• LongPoint Asset Management Inc. launched its first suite of double‑levered single‑stock ETFs on Canadian equities, covering five individual stocks and four major Canadian banks.
• The new “SavvyLong 2X” ETFs aim to deliver daily returns equal to twice the performance of the underlying securities before fees and expenses.
• This launch follows LongPoint’s earlier entry into leveraged ETF markets (crude oil & natural gas ETFs in Dec 2024, triple‑levered index ETFs in May 2025).

Key Details

• ETF Names & Tickers:
• SavvyLong (2X) Barrick ETF – TSX: ABXU
• SavvyLong (2X) Cameco ETF – TSX: CCOU
• SavvyLong (2X) Canadian Natural Resources ETF – TSX: CNQU
• SavvyLong (2X) Constellation Software ETF – TSX: CSUU
• SavvyLong (2X) Shopify ETF – TSX: SHPU
• Bank‑Focused Levered ETFs:
• SavvyLong 2X CIBC Equity‑Linked ETF – TSX: COMU
• SavvyLong 2X NBC Equity‑Linked ETF – TSX: NBCU
• SavvyLong 2X RBC Equity‑Linked ETF – TSX: RBCU
• SavvyLong 2X TD Equity‑Linked ETF – TSX: TDU
• Investment Objective: Seek daily results that correspond, before fees and expenses, to 2× the daily percentage return of the respective underlying common stock.
• Historical Context:
• First leveraged ETFs (crude oil & natural gas) launched Dec 2024.
• Canada’s first triple‑levered index ETFs launched May 2025.
• This is the inaugural double‑levered single‑stock ETF suite for Canadian equities, introduced June 2025 and now officially launched.

Notable Quotes

• “These new leveraged ETFs expand our innovative product lineup and give Canadian investors unique tools to amplify exposure to leading domestic equities and banks,” – Steve Hawkins, CEO, LongPoint Asset Management Inc.