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LongPoint Asset Management Inc. Opens the Market

newsfile ·  May 23, 2025 22:40

Toronto, Ontario--(Newsfile Corp. - May 23, 2025) - Steve Hawkins, Chief Executive Officer, LongPoint Asset Management Inc. ("LongPoint"), joined Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of Canada's first triple-leveraged index ETFs — the Mega ETFs. This landmark launch introduces six innovative ETFs to the Canadian marketplace:

Triple-Leveraged Long Index ETFs:

  • MegaLong (3X) NASDAQ-100 Daily Leveraged Alternative ETF (TSX: QQQU)
  • MegaLong (3X) S&P 500 Daily Leveraged Alternative ETF (TSX: SPYU)
  • MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (TSX: SOXU)

Triple-Leveraged Inverse Index ETFs:

  • MegaShort (-3X) NASDAQ-100 Daily Leveraged Alternative ETF (TSX: QQQD)
  • MegaShort (-3X) S&P 500 Daily Leveraged Alternative ETF (TSX: SPYD)
  • MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF (TSX: SOXD)

The introduction of these six new leveraged and inverse leveraged ETFs will give sophisticated active investors access to advanced trading tools directly through a Canadian exchange and in Canadian dollars — offering an attractive alternative to U.S.-based products.

LongPoint is one of the newest entrants into the Canadian ETF marketplace built by a team of experts with over 70 years of experience designing, building and launching specialized ETFs for Canadian investors. LongPoint is a Canadian owned and operated company created to be a distinctive asset manager and deliver innovative ETF solutions designed to enhance your Canadian investing journey.

MEDIA CONTACT:
Steve Hawkins
Chief Executive Officer
Steve@LongPointETFs.com
(416) 224-9132

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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