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

Alternate Symbol(s): T.XMC.U

Financial Services Specialty Finance

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

iShares S&P US Mid-Cap Index ETF > coventree

<< Previous

Bullboard Posts

Next >>

Comment by ob1knobon Apr 12, 2012 10:57pm

184 Views

Post# 19789014

RE: coventree

More like has Coventree an interest in Xceed.

Last time I looked, Coventree had a significant interest in Xceed. Now, if windup of Coventree is to take place, you would have to ask the question of what is to happen to all the shares Coventree holds of Xceed. They could either attempt to crystalize the value and distribute cash or they could distribute Xceed shares to Coventree holders directly.

Can anyone else provide more detail?

<< Previous

Bullboard Posts

Next >>

Pembina reportedly in talks with Sinopec on LNG offtake agreement