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MegaLong (3X) 20+ Year US Treasury Daily Leveraged Alternative ETF
TLTU (MegaLong (3X) 20+ Year US Treasury Daily Leveraged Alternative ETF) is an index Canadian Fixed Income ETF by MegaLong. With a 1.55% MER, it provides diversified exposure.
TLTU by MegaLong is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 1.55% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.