Key stats
About LONGPOINT ETF CORP LFG DAILY (2X) MSTR LONG ETF
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Inception date
Jul 2, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Primary advisor
LongPoint Asset Management, Inc.
The fund is designed to make bullish bets on the stock price of MicroStrategy Incorporated Class A (MSTR). 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 MSTRs daily price movements. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. 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
MSTU assets under management is 10.41 M CAD. It's risen 1.90% over the last month.
MSTU 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, MSTU doesn't pay dividends to its holders.
MSTU shares are issued by LongPoint Asset Management, Inc. under the brand LFG. The ETF was launched on Jul 2, 2025, and its management style is Passive.
MSTU follows the MicroStrategy Inc - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSTU trades at a premium (2.45%) meaning the ETF is trading at a higher price than the calculated NAV.