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LongPoint ETFs Opens the Market

CCO · Price
Executive Summary
- LongPoint Asset Management Inc. launched the first ever double‑levered single‑stock ETFs on Canadian equities, introducing ten new products covering major stocks and banks.
- The suite includes 2X leveraged ETFs for Barrick, Cameco, Canadian Natural Resources, Constellation Software, Shopify, and four of Canada’s largest banks (CIBC, National Bank, RBC, TD).
- This launch follows LongPoint’s earlier entry into levered ETF markets (crude oil & natural gas ETFs in Dec 2024, triple‑levered index ETFs in May 2025), expanding its innovative ETF offerings.
Key Details
- Products Launched:
- 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
- SavvyLong 2X CIBC (CM) Equity‑Linked ETF – TSX: COMU
- SavvyLong 2X NBC (NA) Equity‑Linked ETF – TSX: NBCU
- SavvyLong 2X RBC (RY) Equity‑Linked ETF – TSX: RBCU
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SavvyLong 2X TDB (TD) Equity‑Linked ETF – TSX: TDU
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Investment Objective: Each ETF seeks daily results that correspond, before fees and expenses, to two times (2X) the daily percentage return of its underlying common stock.
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Historical Context:
- First levered ETF entry in Dec 2024 (crude oil & natural gas).
- Launched Canada’s first triple‑levered index ETFs in May 2025.
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Introduced double‑levered single‑stock ETFs in June 2025; this release adds ten additional products.
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Leadership Involvement: CEO Steve Hawkins and his team opened the market alongside Graham MacKenzie, Managing Director, Exchange Traded Products, TSX, to celebrate the launch.
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Media Contact:
- Steve Hawkins – Chief Executive Officer, LongPoint ETFs
- Email: [email protected]
- Phone: (416) 224‑9132
Notable Quotes
(No direct quotes were provided in the release.)
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Sep 15, 2026 · 14:13