Key stats
About MegaLong (3X) 20+ Year US Treasury Daily Leveraged Alternative ETF
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Inception date
May 29, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
LongPoint Asset Management, Inc.
ISIN
CA54315B5080
The fund as a leveraged product, is not a buy-and-hold ETF, its a short-term tactical instrument. Like many leveraged funds, it aims to deliver its 3x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 3x exposure to a long-term US Treasury index. As a short-term instrument, the total cost of owning TLTU is more dependent on liquidity than management costs, knowledge of the benefits, risks and pitfalls of geared products is paramount. The USD exposure is not hedged.
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
TLTU assets under management is 10.71 M CAD. It's fallen 2.39% over the last month.
TLTU 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, TLTU doesn't pay dividends to its holders.
TLTU shares are issued by LongPoint Asset Management, Inc. under the brand LongPoint. The ETF was launched on May 29, 2025, and its management style is Passive.
TLTU follows the Solactive US 20+ Year Treasury Bond USD Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TLTU trades at a premium (1.31%) meaning the ETF is trading at a higher price than the calculated NAV.