SavvyLong 2X Amazon ETF

SavvyLong 2X Amazon ETF is a leveraged equity exchange-traded fund designed to deliver twice the daily return of Amazon.com, Inc.'s common stock, before fees and expenses. Managed by LongPoint Asset Management, this fund aims to provide investors with amplified exposure to the performance of Amazon, making it suitable for those seeking enhanced short-term returns linked directly to a single, globally influential company. Operating under a passive management style, the ETF uses financial derivatives and other investment techniques to achieve its stated objective, resetting its leverage on a daily basis. As a sector-focused fund, it targets the consumer discretionary domain, specifically the broadline retail segment, reflecting the pivotal role Amazon plays in global e-commerce and technology. Launched in June 2025, the SavvyLong 2X Amazon ETF occupies a niche position in the market, catering to sophisticated investors with a high risk tolerance who want targeted exposure to Amazon’s price movements. The fund is structured as a Canadian mutual fund trust and does not pay dividends to its holders.