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iShares High Quality Canadian Bond Index ETF T.XQB

Alternate Symbol(s):  ISHQF

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada Liquid Universe Capped Bond Index, net of expenses. Under normal market conditions, the Fund will primarily invest in securities of one or more exchange-traded funds managed by BlackRock Canada or an affiliate and/or Canadian fixed income securities. The Index consists of a well-diversified selection of investment-grade as determined by the index provider, liquid bonds issued domestically in Canada and denominated in Canadian dollars and is comprised of approximately 60% government bonds and 40% corporate bonds including certain qualifying asset-backed securities. To achieve its investment objective the Fund uses an indexing strategy.


TSX:XQB - Post by User

Comment by Stockster21on Oct 25, 2006 12:19pm
503 Views
Post# 11554254

RE: News

RE: NewsI tried warning you all weeks ago. Fortunately, my friend listened and she sold out at an average of 2.25 cents. This cab is out of gas and is being hauled off to the junkyard. I'd argue that the 200 grand is pure in and out money so that BG can grab its commission and management scoop the balance for salary arrears. After that, there is no chance this gets exchange approval, no chance these lawsuits get settled and shareholder approval here is a total red herring. Put this date in your calendar and look back in three, at most six months and this business will have been privatized through bankruptcy or receivership and a new IPO will hit the streets within a year. These nice guys will even have the gumption to try and clean up this shell after that and use it again.
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