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iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. 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 exchange-traded funds managed by BlackRock Canada or an affiliate 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:CLG - Post by User

iShares 1-10 Year Laddered Government Bond Idx ETF
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Post by PGMBOYon May 22, 2006 9:29am
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Post# 10883600

Saudi firm buys gold from central bank

Saudi firm buys gold from central bankSaudi firm buys gold from African central bank Mon May 22, 2006 12:24 PM GMT RIYADH (Reuters) - A private Saudi jeweller has bought 36 tonnes of raw gold from an African central bank for 1.8 billion riyals, a company spokesman said on Monday, confirming a newspaper report. When asked about the report in leading Saudi business daily al-Eqtisadiah, the spokesman said: "That is correct." He declined to elaborate. The newspaper quoted Suleiman al-Othaim, board chairman of the Riyadh-based al-Othaim Gold and Jewellery firm, as saying the gold would be delivered in the fourth quarter of this year. "The deal was concluded directly (with the unidentified African central bank) without any intermediary," the newspaper quoted him as saying. It did not say when the transaction took place.
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