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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

Comment by dealmaker0on Jan 18, 2006 3:40pm
69 Views
Post# 10206868

RE: apparently the market doesn't want to pay up

RE: apparently the market doesn't want to pay up i think the market forsees a looming housing market, plus the business model is great now, but wait till they start getting tons of defaults. Unlike home trust which only goes 75% and now in somecase only 60-65% xceed is doing lots of high risk lending at 95-100% so there loan loss uninsured are going to get real scary down the road. I went through this in 1991 to 1997, people forget how ugly it gets.
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