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LongPoint Launches Four Trading Central ETFs in Canada
TCUS · Price
Executive Summary
- LongPoint Asset Management and Trading Central Canada announced the launch of four new ETFs on the Toronto Stock Exchange, each tracking a regional TC Quant Index (Canada, U.S., Europe, Global).
- The ETFs have completed their initial offering and will begin trading at market open.
- Partnerships leverage LongPoint’s ETF platform and Trading Central’s quant‑based research to provide Canadian investors with exposure to 50 high‑scoring equities per region.
Key Details
- ETF Names & Tickers
- Trading Central Quant Canada 50 Equity Index ETF – TCCA
- Trading Central Quant U.S. 50 Equity Index ETF – TCUS
- Trading Central Quant Europe 50 Equity Index ETF – TCEU
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Trading Central Quant Global 50 Equity Index ETF – TCWW
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Index Tracking
- TCCA tracks the Solactive TC Quant CA 50 Index.
- TCUS tracks the Solactive TC Quant US 50 Index.
- TCEU tracks the Solactive TC Quant EU 50 Index.
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TCWW tracks the Solactive TC Quant WW 50 Index.
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Investment Strategy – Each ETF will hold constituent securities of its respective TC Quant Index in proportion to the index composition, before fees and expenses.
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Partnership Structure – LongPoint will manage and administer the ETFs; Trading Central provides the quant‑based research and rating methodology (TC Quantamental Rating®). Solactive AG creates and maintains the underlying indices.
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Launch Timing – Initial unit offering is closed; trading commences at market open on the day of release.
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Management Commentary
- Steve Hawkins, CEO of LongPoint: Emphasized the collaboration’s ability to deliver “appealing ETF opportunities for Canadian equity investors.”
- Alain Pellier, CEO of Trading Central SA: Highlighted the milestone of bringing quant‑driven ETFs to the North American market.
Notable Quotes
- Steve Hawkins (LongPoint CEO): “Combining LongPoint's ETF expertise with Trading Central's expertise in research and quant‑based equity strategies is expected to provide appealing ETF opportunities for Canadian equity investors.”
- Alain Pellier (Trading Central SA CEO): “The listing of these ETFs based on our quant strategies on the TSX marks an important milestone for Trading Central as we extend our footprint on financial products to the North American ETF market.”