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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

iShares High Quality Canadian Bond Index ETF > confused
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Comment by davepbion Jul 30, 2006 12:16am
163 Views
Post# 11163690

RE: confused

RE: confusedTomdog, I was wondering about this as well then I came to the conclusion that perhaps CAB is allowing the parties to finance the settlement payback over a certain period of time instead of a one time payment. That is the only logical reason I could come up with..........unless they have just decided that they would like to release the settlement news to coincide with the news that they have a new financing agreement to really send the stock through the roof! Time will tell............. D
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