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14.42000 CAD
0.33
2.24%
Last update May 19, 3:47 PM EDT
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Day range
14.39000
15.31000
Previous close
14.75
Open
15.21000
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SavvyLong (2X) MSFT ETF
14.42
0.33
2.24%

Overview

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Description

SavvyLong (2X) MSFT ETF is a leveraged exchange-traded fund managed by LongPoint Asset Management, Inc. Designed to deliver twice the daily performance of Microsoft Corporation’s common stock, this ETF provides exposure to one of the world's leading technology companies by employing both direct investments and financial derivatives. The fund targets investors seeking amplified returns from short-term movements in Microsoft's stock price. To achieve its objective, SavvyLong (2X) MSFT ETF rebalances its portfolio daily to maintain 200% exposure relative to MSFT’s daily percentage move, which can result in compounding effects over longer holding periods. The ETF operates with a passive management style and does not hedge currency exposure to the U.S. dollar, reflecting the direct influence of Microsoft’s performance and broader trends in the information technology sector. This product is considered highly speculative due to its use of leverage and is intended primarily as a tactical tool for short-term market strategies rather than as a buy-and-hold investment vehicle. The ETF does not distribute dividends to its holders and is structured as a Canadian mutual fund trust.

About

Address
Phone
Website
Instrument type
ETF
Country
Canada
MIC code
NEOE
Access /profile data via our API — starting from the Grow plan (individual) and the Venture plan (business) and above.
Market closed

Pre-market opens in 4 hours 20 minutes
Main market opens in 5 hours 50 minutes

03:39
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).