The Toronto Stock Exchange reports that SavvyShort (-2X) TSLA ETF will be listed at 5:01 p.m. on Aug. 12, 2025, for trading at the open on Aug. 13, 2025. According to the TSX, there will be 125,000 shares of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The shares will trade under the symbol TSLD, in Canadian dollars and with Cusip No. 54315B 67 2.

The TSX reports that the ETF seeks daily investment results that endeavour to correspond, before fees and expenses, with two times the inverse (-2X) of the daily return (on a percentage basis) of the common stock of Tesla Inc. (ticker TSLA). 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 May 23, 2025, the ETF is issuing 125,000 shares at $20.41 per share in its initial public offering. It expects to close the offering on Aug. 12, 2025. The designated market-maker is CIBC World Markets Inc.