Latest news with #LongPoint
CTV News
2 days ago
- Health
- CTV News
Pet owners warned of ticks transmitting Rocky Mountain Spotted Fever
A Rocky Mountain wood tick (left) and American dog tick (right). (Source: Public Health Agency of Canada) Grand Erie Public Health is urging pet owners to be extra vigilant about tick removal after Rocky Mountain Spotted Fever was found in animals who had recently visited Long Point. 'RMSF can be life-threatening in both humans and animals if not treated early,' the health unit wrote in a social media post Sunday. Rocky Mountain Spotted Fever, like Lyme disease, is a bacterial illness spread through the bite of an infected tick. It is found in several species, including the American dog tick, the brown dog tick and the Rocky Mountain wood tick. The most common symptoms are fever, headache and rash. Medication can be prescribed once symptoms start but, if left untreated, Rocky Mountain Spotted Fever is potentially fatal. Preventing tick bites Tips to reduce the risk of tick bites: Avoid tick-infested areas Wear light-coloured long sleeves and pants outdoors, as well as closed-toe shoes Tuck pant legs into socks before walking through long grass Use insect repellents with DEET or Icaridin on skin and clothing Conduct tick checks after outdoor activities, feel for bumps or look for tiny dark spots (ticks can be as small as a sesame seed) Take a shower or bath within two hours of being outdoors Use tick prevention products on pets Removing and disposing of ticks Ticks need to be removed within 24 hours to prevent infection. Here's what to do if you find one: Use tweezers or a specialized tick remover to grab hold of its body as close to the skin as possible Pull it straight out Apply antiseptic ointment on the bite Write down where you found the tick on your body, as well as well as the time and place you may have picked it up Call your doctor if you feel unwell, are unable to remove the tick yourself or if it has buried itself too deeply into the skin Do not: Use petroleum jelly or other products Burn the tick Crush or damage the tick while trying to remove it Experts recommend killing the tick by drowning them in rubbing alcohol or putting them in the freezer for several hours. Once dead, they can be thrown into the garbage. Physical symptoms If you have been bitten by a tick, here are some of the symptoms to watch out for: Circular red rash around the bite Fever Chills Swollen glands Headache Diarrhea Weakness Dry cough Joint pain Muscle ache Stiff neck Reporting ticks If you find a tick, on yourself or your pet, take a photo and submit it to for expert identification within 24 hours. An email will be sent with the results. You can also check out the public tick map for other confirmed sightings.
Globe and Mail
19-06-2025
- Business
- Globe and Mail
Canada's ETF Issuers Debut Single-Stock Leverage, 0DTE Strategies & Fee Cuts
The Canadian ETF landscape is undergoing its most transformative phase in years as issuers push boundaries with unprecedented product innovation and aggressive pricing strategies. Last week could emerge as a watershed moment, featuring three seismic developments that collectively redefine what's possible for Canadian investors. LongPoint Rewrites the Rulebook with 2X Single-Stock ETFs LongPoint Asset Management has shattered conventional wisdom by launching Canada's first-ever 2X leveraged single-stock ETFs on the TSX. This groundbreaking suite includes AAPU (Apple), AMZU (Amazon), NVDU (Nvidia) and TSLU (Tesla), offering double the daily returns of these tech behemoths. The move represents a quantum leap in product sophistication, bringing strategies previously only available to hedge funds to mainstream investors. Coming soon are inverse versions NVDD and TSLD, completing LongPoint's bid to dominate the tactical trading space. Industry analysts note these products could attract both day traders and hedgers, though with appropriate warnings about the risks of compounded volatility. RBC iShares Doubles Down on Core Exposure and Credit Innovation Not to be outdone, RBC iShares executed a strategic trifecta of launches targeting different investor needs. The XTOT/XTOT.U ETFs provide comprehensive U.S. equity market access at just 0.05% MER, undercutting competitors in the core allocation space. Simultaneously, XSMB offers precise exposure to the sweet spot of Canada's bond curve (1-10 year maturities). Most intriguing is the RBC AAA CLO ETF (RCLO), which pioneers CAD-hedged access to top-tier collateralized loan obligations - a first for Canadian retail investors seeking diversified credit exposure beyond traditional corporate bonds. BMO Sparks Fee War with Strategic Price Cuts In a move that sent shockwaves through the industry, BMO slashed fees by 16.7% across its flagship asset allocation ETFs (ZEQT, ZBAL, ZCON, ZGRO), reducing costs to 0.15% effective June 6. This calculated strike not only pressures competitors but strategically positions BMO as the value leader in Canada's hyper-competitive balanced ETF space. The timing appears deliberate, coinciding with peak RRSP season and challenging other providers to match or justify their premium pricing. Hamilton and First Trust Push the Innovation Envelope The pipeline shows no signs of cooling, with Hamilton ETFs filing for Canada's first 0DTE (zero days to expiration) option income ETFs. The proposed DayMAX™ suite (CDAY, SDAY, QDAY) would use daily options and 25% leverage to generate yield, a strategy gaining popularity in U.S. markets but untested in Canada. Meanwhile, First Trust 's novel long/short ETF-of-ETF (FTLS/F) introduces a meta approach to equity strategies, layering active management on top of existing funds. CI Investments Broadens the Active ETF Universe CI Investments signaled its commitment to active ETFs with filings for six new series targeting specialized strategies. The lineup spans global dividend aristocrats (CGDI), U.S. infrastructure growth (CUIG), and alternative credit (CACO), reflecting growing advisor demand for differentiated active solutions in ETF wrappers. This unprecedented flurry of activity underscores how Canada's ETF market is maturing beyond simple index replication. Issuers are now competing on multiple fronts: product complexity (LongPoint), cost efficiency (BMO), structural innovation (Hamilton), and active sophistication (CI). For advisors and investors, this means both more choice and greater responsibility to understand the nuances of these increasingly specialized tools. As the lines blur between traditional ETFs and hedge fund strategies, one thing is clear - the Canadian ETF landscape will never be the same. Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
Globe and Mail
10-06-2025
- Business
- Globe and Mail
Canada's ETF Scene Heats Up: Active, Leveraged, and Gold Strategies Make Waves
Canada's ETF landscape is entering a new phase of innovation and specialization. In just a few weeks, three major players—Manulife, LongPoint, and BMO—unveiled a range of new funds targeting everything from actively managed income strategies to high-octane leveraged plays and gold exposure with built-in yield. As investors demand more tailored, outcome-driven products, Canadian issuers are stepping up with sharper tools and homegrown solutions. Manulife Embraces ETF Flexibility with Active Fund Series Manulife Investment Management rolled out four new ETF series, repackaging popular mutual fund strategies into low-cost, intraday-traded vehicles. The lineup spans fixed income and equity, combining active management with a focus on income and quality growth. Leading the launch is the Manulife Core Plus Bond Fund (MCOR), which blends government and corporate bonds across credit tiers to optimize returns while managing risk—an appealing option in today's rate-sensitive environment. The equity funds include Manulife Fundamental Equity Fund (MFUN), a globally diversified strategy targeting dividend growers with strong business models, and Manulife Canadian Equity Class (MCAN), which narrows that focus to Canadian companies. Rounding out the offering is the Manulife Dividend Income Fund (MDIF), aimed at investors seeking monthly income from a mix of Canadian, U.S., and global dividend payers. Together, these funds give advisors and investors new building blocks for constructing resilient, income-focused portfolios with active oversight. LongPoint Delivers First-Ever Triple-Leveraged ETFs—and Eyes Single-Stock Plays LongPoint Asset Management made headlines with the launch of Canada's first locally listed 3X leveraged and inverse ETFs, all traded in Canadian dollars. These 'Mega ETFs' offer amplified exposure to major indices and sectors—including Canadian banks (BNKU), Canadian gold miners (CGMU), and long-duration U.S. Treasuries (TLTU), as well as their -3X inverse counterparts. But LongPoint isn't stopping there. The firm recently filed for a new batch of 2x leveraged single-stock ETFs, a first-of-its-kind move in Canada. The proposed products include COIU CN, which would seek to deliver 2x the daily performance of Coinbase stock, and MSTU CN, tied to MicroStrategy. Both ETFs would charge 1.55% in management fees and are structured for traders seeking direct, amplified exposure to high-volatility U.S. tech names. BMO Rolls Out Strategist-Led ETFs and Gold Income Strategy BMO Asset Management introduced a new suite of actively managed ETFs shaped by the insights of Brian Belski, Chief Investment Strategist at BMO Capital Markets. The funds reflect BMO's broader investment themes and offer diversified equity exposure across Canadian and U.S. markets. New launches include ZBCB (Canadian Core Plus US Balanced ETF) for a diversified blend of equities and fixed income, and ZBEC (Canadian Equity Plus ETF), which balances domestic stocks with a U.S. tilt. U.S. equity-focused options include ZBVU (Large Cap Value), ZBEU (Focused Growth), and ZBDU (Dividend Growth), each designed with clear strategic positioning. Several offer both hedged and unhedged units, giving investors more flexibility to manage currency risk. Also joining BMO's lineup is ZWGD, the Covered Call Spread Gold Bullion ETF. This unique product provides exposure to long-term gold bullion holdings while generating income through a covered call spread. It's designed to enhance yield while helping to cushion downside moves in gold—an increasingly popular asset for diversification and inflation protection. Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
Yahoo
23-05-2025
- Business
- Yahoo
LongPoint Asset Management Inc. Opens the Market
Toronto, Ontario--(Newsfile Corp. - May 23, 2025) - Steve Hawkins, Chief Executive Officer, LongPoint Asset Management Inc. ("LongPoint"), joined Loui Anastasopoulos, Chief Executive Officer, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of Canada's first triple-leveraged index ETFs — the Mega ETFs. This landmark launch introduces six innovative ETFs to the Canadian marketplace: Triple-Leveraged Long Index ETFs: MegaLong (3X) NASDAQ-100® Daily Leveraged Alternative ETF (TSX: QQQU) MegaLong (3X) S&P 500® Daily Leveraged Alternative ETF (TSX: SPYU) MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (TSX: SOXU) Triple-Leveraged Inverse Index ETFs: MegaShort (-3X) NASDAQ-100® Daily Leveraged Alternative ETF (TSX: QQQD) MegaShort (-3X) S&P 500® Daily Leveraged Alternative ETF (TSX: SPYD) MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF (TSX: SOXD) Cannot view this video? Visit: The introduction of these six new leveraged and inverse leveraged ETFs will give sophisticated active investors access to advanced trading tools directly through a Canadian exchange and in Canadian dollars — offering an attractive alternative to U.S.-based products. LongPoint is one of the newest entrants into the Canadian ETF marketplace built by a team of experts with over 70 years of experience designing, building and launching specialized ETFs for Canadian investors. LongPoint is a Canadian owned and operated company created to be a distinctive asset manager and deliver innovative ETF solutions designed to enhance your Canadian investing journey. MEDIA CONTACT: Steve HawkinsChief Executive OfficerSteve@ 224-9132 To view the source version of this press release, please visit
Yahoo
21-05-2025
- Business
- Yahoo
LongPoint Launching Canada's First Triple Levered Index ETFs
LongPoint will list six ETFs on Friday – QQQU, QQQD, SPYU, SPYD, SOXU, SOXD LongPoint's new ETFs will meet Canadian investors' demand for Canadian-listed products LongPoint is a Canadian owned and operated ETF provider Toronto, Ontario--(Newsfile Corp. - May 21, 2025) - LongPoint Asset Management Inc. ("LongPoint") is proud to announce the upcoming launch of Canada's first six triple levered index ETFs (the "Mega ETFs") which will take place this Friday, May 23, 2025 on the Toronto Stock Exchange (the "TSX"). This initial launch includes three triple levered long index ETFs (the "MegaLong (3X) ETFs") and three triple levered inverse index ETFs (the "MegaShort (-3X) ETFs"). In addition to this first wave of products, the remaining five Mega ETFs, qualified for initial public offering via a final prospectus dated May 16, 2025, are expected to be listed on the TSX on May 29, 2025. The Mega ETFs are the first Canadian domiciled products of their kind available to investors in Canadian dollars and listed on a domestic stock exchange. Currently, there are 196 leveraged and inverse leveraged exchange-traded products ("ETPs") listed in the U.S. that track equity and fixed income indices, with approximately CAD $130 billion (USD $99 billion) in assets under management ("AUM"). Of these, 75 are triple-leveraged (or higher) index ETPs, accounting for nearly CAD $100 billion (USD $70 billion) in AUM — equivalent to almost 20% of the total AUM of the Canadian ETF industry. A 2024 report estimated that Canadian investors held over CAD $2.5 billion (USD $1.8 billion) in U.S.-listed triple-leveraged ETFs which has generated millions of dollars in U.S. tax revenue. LongPoint believes that the launch of its Mega ETFs will enable Canadian investors to benefit from the growth of the local ETF market and ecosystem — rather than continuing to contribute to the U.S. market due to a lack of domestic alternatives. Canada was home to the world's first ETF over 35 years ago, and now is the time for Canadian-owned and operated issuers to reclaim leadership by expanding access and options for active Canadian investors. "We're thrilled to finally bring Canadian-listed triple-leveraged index ETFs to market — something active Canadian investors have been requesting for years," said Steve Hawkins, CEO of LongPoint. "Until now, Canadian investors had no choice but to trade U.S.-listed triple-leveraged ETFs. After nearly 11 months of working closely with regulators, we are proud to be launching the first triple-leveraged index ETFs built by Canadians for Canadians." "Our team at LongPoint brings over 70 years of combined ETF experience, including nearly 50 years specifically focused on managing leveraged and inverse products," Hawkins added. "We've designed the Mega ETFs as powerful tools for knowledgeable, sophisticated Canadian investors who employ high-conviction, short-term trading strategies." The Mega ETFs seek daily investment results that endeavour to correspond, before fees and expenses, to either three times (3X) or three times the inverse (-3X) of the daily performance of an underlying index. The Mega ETFs do not hedge their exposure to the U.S. dollar. The Mega ETFs will only trade in Canadian Dollars. Friday's listing will include the following MegaLong (3X) ETFs: Name Ticker MegaLong (3X) NASDAQ-100® Daily Leveraged Alternative ETF QQQU MegaLong (3X) S&P 500® Daily Leveraged Alternative ETF SPYU MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF SOXU Friday's listing will include the following MegaShort (-3X) ETFs: Name Ticker MegaShort (-3X) NASDAQ-100® Daily Leveraged Alternative ETF QQQD MegaShort (-3X) S&P 500® Daily Leveraged Alternative ETF SPYD MegaShort (-3X) US Semiconductors Daily Leveraged Alternative ETF SOXD The following MegaLong (3X) ETFs are expected to be listed on May 29, 2025: Name Ticker MegaLong (3X) 20+ Year US Treasury Daily Leveraged Alternative ETF TLTU MegaLong (3X) Canadian Banks Daily Leveraged Alternative ETF BNKU MegaLong (3X) Canadian Gold Miners Daily Leveraged Alternative ETF CGMU The following MegaShort (-3X) ETFs are expected to be listed on May 29, 2025: Name Ticker MegaShort (-3X) 20+ Year US Treasury Daily Leveraged Alternative ETF TLTD MegaShort (-3X) Canadian Gold Miners Daily Leveraged Alternative ETF CGMD "With continued volatility across North American markets—driven in part by actions from the U.S. administration — Canadian investors are seeing increased short-term trading opportunities," Hawkins continued. "The Mega ETFs will provide Canadian-dollar-denominated exposure to broad market indices, all traded domestically on a Canadian exchange. These products are designed to help active investors respond quickly to market signals, momentum shifts, and geopolitical developments without relying on U.S.-listed alternatives." The final prospectus dated May 16, 2025, containing important information relating to the Mega ETFs, has been filed with the securities commissions or similar authorities in each of the provinces and territories of Canada. A copy of the final prospectus is available on The first six Mega ETFs have closed their offering of initial shares and will begin trading on the TSX when the market opens on Friday May 23, 2025. You cannot buy shares of the Mega ETFs until they begin trading on Friday. LongPoint is the newest Canadian provider of leveraged and inverse leveraged ETFs, having listed crude oil and natural gas up to two times leverage and inverse leveraged ETFs in December 2024. LongPoint also offers its unique Partnership ETF platform, which simplifies the launch, operation and growth of ETFs for its partner asset managers. LongPoint is a Canadian owned and operated company. About LongPoint Asset Management Inc. LongPoint Asset Management Inc. delivers innovative ETF solutions designed to enhance your Canadian investing journey. With over 70 years of combined expertise in the ETF market, our dedicated team leverages deep industry connections and local insights to design, build and launch exceptional ETFs tailored for Canadian investors. Discover the value of investing with LongPoint! For more information, please contact: LongPoint ETFs416-861-8383info@ For media inquiries, please contact: Steve Hawkins, (416) 224-9132, Steve@ The Mega ETFs are alternative mutual funds, and as such, the Mega ETFs are permitted to invest in asset classes or use investment strategies that are not permitted for other types of mutual funds. The Mega ETFs are highly speculative. The Mega ETFs use a significant amount of leverage which magnifies gains and losses. They are intended for use in daily or short-term trading strategies by very knowledgeable, sophisticated investors. If you hold such an ETF for more than one day, your return could vary considerably from the Mega ETF's daily target return. The negative effect of compounding on returns is more pronounced when combined with leverage and daily rebalancing in volatile markets. The ETFs are not suitable for investors who do not intend to actively monitor and manage their investments. The Mega ETFs employ significant leverage, may experience amplified losses and should not be expected to return +300% in the case of MegaLong (3X) ETFs and -300% in the case of the MegaShort (-3X) ETFs of their target index over any period of time other than daily. An investor in a Mega ETF could lose their entire investment within a single day if the Daily Target gains or loses, as applicable, more than 33% that day. The returns of the ETFs over periods longer than one day will likely differ in amount and possibly direction from the performance or inverse performance, as applicable, of their target index for the same period. This effect is more pronounced for the Mega ETFs as the volatility of the target index and/or the period of time increases. This material is for informational purposes only. This material is not intended to be relied upon as research, investment, or tax advice and is not an implied or express recommendation, offer or solicitation to buy or sell any security or to adopt any particular investment or portfolio strategy. Any views and opinions expressed do not take into account the particular investment objectives, needs, restrictions and circumstances of a specific investor and, thus, should not be used as the basis of any specific investment recommendation. Investors should consult a financial and/or tax advisor for financial and/or tax information applicable to their specific situation. Commissions, management fees, performance fees and operating expenses may all be associated with an investment in the Mega ETFs. The Mega ETF is not guaranteed, its value changes frequently and past performance may not be repeated. The ETF Facts and prospectus contain important detailed information about the Mega ETFs. Please read the relevant documents before investing. Certain statements may constitute a forward-looking statement, including those identified by the expression "expect" and similar expressions (including grammatical variations thereof). The forward-looking statements are not historical facts but reflect LongPoint's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and LongPoint does not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law. 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