Overview
Description
The Betapro S&P/TSX 60 2x Daily Bull ETF is an exchange-traded fund designed to deliver twice the daily performance of the S&P/TSX 60 Index, before fees and expenses. This index comprises 60 large, distinguished companies across various sectors such as energy, financials, and materials, representing a significant portion of the Canadian equity market. The ETF serves primarily speculative or tactical investors who seek to capitalize on short-term market movements by doubling exposure to changes in the index's value. The fund utilizes financial instruments like derivatives to achieve its leveraged exposure, offering amplified return potential compared to standard ETFs tracking the same index. Due to its leveraged nature, the ETF is primarily used by investors with a focus on short-term trading strategies requiring intricate market timing and monitoring. It plays a crucial role in offering diversified access to Canada’s blue-chip companies through a leveraged approach, enhancing both opportunity and risk in dynamic trading environments.
About
Address
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Phone
416 933 5745
Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE