LongPoint Adds to Its Family of Double Leveraged Single Stock ETFs
- LongPoint expects to launch three ETFs - AMDU, MUU, ORBU
- New Savvy ETFs provide two times leveraged long exposure to AMD, Micron, and SpaceX
- LongPoint is a Canadian owned and operated ETF provider
Toronto, Ontario--(Newsfile Corp. - June 15, 2026) - LongPoint Asset Management Inc. ("LongPoint") is proud to announce the launch of three new Savvy Double Leveraged Single Stock ETFs on the Toronto Stock Exchange (the "TSX") on Wednesday, June 17, 2026. The SavvyLong (2X) AMD ETF ("AMDU") offers two times leveraged long exposure to Advanced Micro Devices, Inc., the SavvyLong (2X) Micron ETF ("MUU") offers two times leveraged long exposure to Micron Technology, Inc., and the SavvyLong (2X) SpaceX ETF ("ORBU") offers two times leveraged long exposure to Space Exploration Technologies Corporation.
AMDU, MUU, and ORBU are the latest additions to Canada's only suite of double leveraged single stock ETFs based on popular, well-known actively trading stocks (the "Savvy ETFs"). These three Savvy ETFs seek daily investment results that endeavour to correspond, before fees and expenses, to two times (2X) 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 -2X exposure to US and Canadian companies," said Steve Hawkins, CEO 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 fueling the AI revolution. With ORBU, we are adding exposure to SpaceX, which had the largest ever company valuation at listing at approximately $2 trillion USD. SpaceX is the hot topic and traded over $82 billion USD 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."

