The exchange-traded funds (ETFs) provide 2x daily long exposure to Robinhood Markets, Meta Platforms and Palantir Technologies shares.

LongPoint Asset Management (LongPoint), an Ontario-based asset management firm, has expanded its suite of double-leveraged single-stock ETFs, with the launch of three new funds on the Toronto Stock Exchange (TSX). The products form part of LongPoint’s Savvy ETF range The funds include the SavvyLong (2X) HOOD ETF (RBNU), SavvyLong (2X) META ETF (METU) and the SavvyLong (2X) PLTR ETF (PLTU), each offering two times the daily long return of their respective underlying stocks. The product