TSPX.TO

About TSPX.TO

The Betapro 3x S&P 500 Daily Bull ETF is a leveraged exchange-traded fund designed to deliver three times (300%) the daily performance of the S&P 500 Index in Canadian dollars. Its primary function is to provide amplified, short-term exposure to the large-cap segment of the U.S. equity market, catering to sophisticated traders who seek to capitalize on daily market movements without employing margin accounts. The fund employs currency hedging to minimize the impact of exchange rate fluctuations, ensuring a closer reflection of the S&P 500’s returns for Canadian investors. Its structure allows for high-risk, tactical trading strategies, aiming to magnify positive daily trends in major U.S. equities. The ETF is offered by Global X Investments Canada Inc. and is part of the BetaPro suite, recognized for specializing in leveraged and inverse ETFs in Canada. Betapro 3x S&P 500 Daily Bull ETF is not intended for long-term holding, as it resets its leverage daily and may not achieve its 3x objective over periods longer than one day due to the effects of compounding and volatility.