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Savvy, others to begin trading on TSX June 17

2026-06-15 19:46 ET - News Release

See News Release (C-AMDU) SavvyLong (2X) AMD ETF

Mr. Steve Hawkins of LongPoint reports

LONGPOINT ADDS TO ITS FAMILY OF DOUBLE LEVERAGED SINGLE STOCK ETFS

LongPoint Asset Management Inc. will launch three new Savvy double leveraged single stock exchange-traded funds on the Toronto Stock Exchange on Wednesday, June 17, 2026. The SavvyLong (2X) AMD ETF offers two times leveraged long exposure to Advanced Micro Devices Inc., the SavvyLong (2X) Micron ETF offers two times leveraged long exposure to Micron Technology Inc. and the SavvyLong (2X) SpaceX ETF offers two times leveraged long exposure to Space Exploration Technologies Corp.

AMDU, MUU and ORBU are the latest additions to Canada's only suite of double leveraged single stock ETFs based on popular, actively trading stocks. These three Savvy ETFs seek daily investment results that endeavour to correspond, before fees and expenses, to two times the daily return (on a percentage basis) of their respective target common stock, do not hedge their exposure to the U.S. dollar, and trade on the TSX in Canadian dollars.

"LongPoint is proud to add to Canada's only double-leveraged single stock ETF family, providing 2X and minus 2X exposure to U.S. and Canadian companies," said Steve Hawkins, chief executive officer of LongPoint. "We recognize the growing investor demand for additional 2X single stock exposures. With AMDU and MUU, we are adding exposure to leading semiconductor companies that are fuelling the AI revolution. With ORBU, we are adding exposure to SpaceX, which had the largest ever company valuation at listing at approximately $2-trillion (U.S.). SpaceX is the hot topic and traded over $82-billion (U.S.) on its IPO date this past Friday, demonstrating the significant investor interest in this issuer. These ETFs will offer knowledgeable, sophisticated Canadian investors TSX-listed solutions -- trading in Canadian dollars -- that enables them to tactically position their portfolios around company-specific news, technical signals, market events or fundamental price outlooks."

With this launch, LongPoint continues to establish itself as a leader in innovative ETF solutions. The company entered the levered ETF market in December, 2024, with its leveraged crude oil and natural gas ETFs, followed in May, 2025, with the launch of Canada's first triple levered index ETFs, and has since launched Canada's only suite of double levered single stock ETFs. LongPoint is a proudly Canadian owned and operated company.

The Savvy ETFs have closed their offering of initial shares and will begin trading on the Toronto Stock Exchange when the market opens on June 17, 2026.

We seek Safe Harbor.

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