LongPoint Launches Five Triple-Leveraged ETFs Benchmarking Three Solactive Indices

June 3, 2025--Solactive is pleased to announce its latest collaboration with LongPoint Asset Management. LongPoint launched Canada's first triple-leveraged ETFs offering exposure to the US semiconductor sector, allowing investors to gain increased long or inverse exposure to a sector at the center of global technology innovation.

The MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (ticker: SOXU) and the MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF (ticker: SOXD) both benchmark the Solactive United States Semiconductors 30 Capped Index.

Building on LongPoint Asset Management Inc.'s successful inaugural launch of triple-leveraged ETFs in Canada, Solactive is pleased to announce a further collaboration. The Canadian ETF issuer recently launched five additional 3× long and inverse ETFs, each benchmarked to one of three Solactive indices. The expanded suite of products offers Canadian investors targeted exposure to long-duration U.S. Treasury securities, Canadian banks, and Canadian gold miners.

These products benchmark the Solactive US 20+ Year Treasury Bond Index, the Solactive Equal Weight Canada Banks Index, and the Solactive Canadian Gold Miners Index:

MegaLong (3X) 20+ Year US Treasury Daily Leveraged Alternative ETF (ticker code: TLTU)

MegaShort (-3X) 20+ Year US Treasury Daily Leveraged Alternative ETF (ticker code: TLTD)

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Source: Solactive AG