The Toronto Stock Exchange reports that BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alternative ETF will be listed at 5:01 p.m. on June 16, 2025, for trading at the open on June 17, 2025. According to the TSX, there will be 250,000 units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol TQQQ, in Canadian dollars and with Cusip No. 086912 10 2.
The TSX reports that the ETF seeks daily investment results, before fees, expenses,
distributions, brokerage commissions and other transaction
costs, that endeavour to correspond with three times (300 per cent) the
daily performance of an index that includes 100 of the largest
domestic and international non-financial companies listed on the
Nasdaq Stock Market (currently, the Nasdaq-100 Index). According to the TSX, the ETF may pay ordinary dividends, special capital
gains dividends or returns of capital on the ETF shares at the
discretion of the manager.
The ETF's manager is Global X Investments Canada 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 May 30, 2025, the ETF is issuing 250,000 units at $20 per unit in its initial public offering. It expects to close the offering before the open on June 17, 2025. The designated market-maker is National Bank Financial Inc.
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