Fund info

BetaPro 3x S&P/TSX 60 Daily Leveraged Bull Alternative ETF is a leveraged exchange-traded fund designed to deliver three times the daily performance of the S&P/TSX 60 Index. Its principal function is to provide amplified daily returns relative to one of Canada's premier equity benchmarks, making it a tactical instrument for sophisticated market participants seeking to capitalize on short-term directional movements in large Canadian stocks. The ETF achieves its leverage through derivatives, aiming for 300% exposure to the daily movements of the underlying index before fees and expenses. A distinctive feature is its management of currency risk—any U.S. dollar-related gains or losses from portfolio holdings are hedged back to the Canadian dollar to accurately track the Canadian equity index and minimize currency fluctuations. As part of a broader suite of leveraged and inverse ETFs under the BetaPro brand, this fund serves active traders employing advanced strategies such as market timing, hedging, or seeking short-term, magnified exposure to Canadian blue-chip equities. The ETF does not seek to achieve its stated performance objective over periods longer than a single trading day, reinforcing its role as a specialized tool for daily tactical allocation rather than long-term investing.