The funds are listed on the Toronto Stock Exchange (TSX) and charge an annual fee of 1.55%.

LongPoint Asset Management (LongPoint), an Ontario-based asset manager, has launched two new products to its ‘Savvy’ series leveraged products lineup. Both ETFs  are   trading  on the Toronto Stock Exchange (TSX)   The exchange-traded funds (ETFs) represent the SavvyShort (-2X) MSTR ETF (MSTZ) and the SavvyShort (-2X) COIN ETF (COID). MSTZ, listed on 2 February, will offer two times inverse leveraged exposure to MicroStrategy, a Virginia-headquartered company