TQQQ.TO

About TQQQ.TO

The BetaPro 3X Nasdaq-100 Daily Bull ETF is a leveraged exchange-traded fund designed to deliver three times the daily performance of the Nasdaq-100 Index. This equity ETF provides amplified exposure to a portfolio of 100 of the largest nonfinancial companies listed on the Nasdaq stock market, focusing primarily on major U.S. technology, consumer, and healthcare firms. By employing financial derivatives and leverage, the fund enables investors to gain triple the daily return of its benchmark index without the need for a margin account, making it accessible to individuals seeking enhanced exposure while mitigating certain risks associated with direct margin trading. The ETF is passively managed, aiming to closely track its target index on a daily basis, rather than over longer holding periods. It is structured as a Canadian mutual fund corporation and denominated in Canadian dollars, which helps minimize currency risk for Canadian investors. Managed by Global X Investments Canada Inc. under the BetaPro brand, the ETF plays a specialized role in the market for those aiming to tactically capitalize on short-term movements in the technology-driven Nasdaq-100.