iShares S&P/TSX 60 Index ETF T.XIU

Alternate Symbol(s): IUTSF

The investment objective of the Fund is to provide long-term capital growth by replicating, to the extent possible, the performance of the S&P/TSX 60 Index , net of expenses. Under normal market conditions, the Fund will primarily invest in Canadian equity securities. The Index is a strategy index focused on dividend income. The Index is comprised of 60 of the largest by market capitalization and most liquid constituents of the S&P/TSX Composite Index. Sectors are intended to mirror sector weights of the S&P/TSX Composite Index To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy.

TSX:XIU - Post by User

iShares S&P/TSX 60 Index ETF

Bullboard Posts

Comment by mkirkon Sep 06, 2005 9:53am

198 Views

Post# 9512047

RE: Arbitrage opportunity

Actually 33.50 just went through. That's an incredible steal as the NAV at the start of the day was $36.18 and the TSX is up today. $33.50 is just under a 10% discount meaning that the TSX would have to drop about 1500 points to justify that price. There's a lot of cushion there for absorbing some liquidity!

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