23:31:33 EST Tue 03 Feb 2026
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SavvyShort (-2X) MSTR to trade on TSX

2026-02-03 21:31 ET - New Listing

The Toronto Stock Exchange reports that SavvyShort (-2X) MSTR ETF will be listed at 5:01 p.m. on Feb. 4, 2026, for trading at the open on Feb. 5, 2026. According to the TSX, there will be 100,000 ETF (exchange-traded fund) shares issued and outstanding, with no securities reserved for issuance. The shares will trade under the symbol MSTZ, in Canadian dollars and with Cusip No. 54315B 63 1.

The TSX reports that the ETF seeks daily investment results that endeavour to correspond, before fees and expenses, with two times the inverse of the daily return (on a percentage basis) of the common stock of MicroStrategy Inc., Class A. The ETF does not hedge its currency exposure to the U.S. dollar.

According to the TSX, the ETF does not currently intend to pay regular dividends or returns of capital on its shares. The ETF's manager is LongPoint Asset Management Inc., its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31.

As stated in its prospectus dated Jan. 23, 2026, the ETF is issuing 100,000 shares at $16.47 (Canadian) ($12 (U.S.)) per share in its initial public offering. It expects to close the offering on Feb. 4, 2026. The designated market-maker is National Bank Financial Inc.

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