LongPoint Asset Management launched the SavvyLong (2X) Palantir Technologies ETF on the Toronto Stock Exchange, offering two times leveraged long exposure to Palantir stock in Canadian dollars. This TSX-listed ETF employs daily rebalancing with significant leverage, magnifying gains and losses for sophisticated investors focused on short-term trading strategies.
On May 28, 2026, LongPoint Asset Management began trading the SavvyLong (2X) Palantir Technologies ETF on the TSX under ticker PLTU, offering investors two times long exposure to Palantir stock in Canadian dollars. This addition joins two other Savvy double-leveraged single stock ETFs, expanding the firm’s suite of tactical trading tools.
The ETF seeks daily investment results corresponding to 2X the percentage return of Palantir stock before fees and expenses and does not hedge U.S. dollar exposure. Daily rebalancing and high leverage amplify both gains and losses and can produce returns that differ significantly from the stock’s performance over multi-day periods due to compounding effects.
PLTU is designed for knowledgeable, sophisticated investors who actively monitor and manage positions and employ short-term trading strategies. The fund’s concentrated single-stock exposure and use of leverage make it unsuitable for buy-and-hold investors or those seeking portfolio diversification.
