Key stats
About LONGPOINT ETF CORP LFG DAILY (2X) COIN LONG ETF
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Inception date
Jul 2, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
LongPoint Asset Management, Inc.
The fund is designed to make bullish bets on the stock price of Coinbase Global, Inc. Class A (COIN). 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 COINs 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
COIU assets under management is 10.36 M CAD. It's risen 1.49% over the last month.
COIU 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, COIU doesn't pay dividends to its holders.
COIU 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.
COIU follows the Coinbase Global, Inc. Class A. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.