Key stats
About SavvyLong (2X) Cameco ETF
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Inception date
Oct 20, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
LongPoint Asset Management, Inc.
ISIN
CA54315B6153
The fund is designed to make bullish bets on the stock price of Cameco Corporation (CCO). The fund is expected to enter into cash borrowing, invest in equity securities, interest-bearing accounts, and T-Bills, and enter into derivative agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is conducted to adjust for CCOs daily price movements. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CCOU assets under management is 1.74 M CAD. It's fallen 22.74% over the last month.
CCOU fund flows account for 0.00 CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, CCOU doesn't pay dividends to its holders.
CCOU shares are issued by LongPoint Asset Management, Inc. under the brand LongPoint. The ETF was launched on Oct 20, 2025, and its management style is Passive.
CCOU follows the Cameco Corporation - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CCOU trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.