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iShares S&P US Mid-Cap Index ETF T.XMC

Alternate Symbol(s):  T.XMC.U

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 MidCap 400 Index (the Index), net of expenses. 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. A replicating strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a portfolio of index securities in substantially the same proportions as they are represented in the Index.


TSX:XMC - Post by User

Post by TheRock07on May 26, 2009 10:34am
430 Views
Post# 16016148

Strong Takeover Candidate

Strong Takeover CandidateExceed is an excellent addition to HEQ.UN which is in transition to become a new bank in Q3 of this year.
Exceed trades at less than 40 % of net book value , which means it is extremely cheap with a current market cap of just $30 million.

Its more than likely to be taken out before it reaches bank status later this year....
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