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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 Cellarmanon May 09, 2006 7:30am
318 Views
Post# 10816469

Timing of News Release

Timing of News ReleaseWith the negative implications of the news release I thought typically most companies would release the news at the end of the trading week.From my understanding this would give the market time to digest the news over the weekend.By releasing just before the open on Monday it will react exactly as XMC did yesterday with the panic selling.I always thought bad news on a Friday and good news on a Monday before the market opens? IMHO
Bullboard Posts