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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 > That was crazy!! Comment from CLG inside
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Comment by turkchanon Aug 24, 2006 5:27pm
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Post# 11269608

RE: That was crazy!! Comment from CLG inside

RE: That was crazy!! Comment from CLG insideRoughly around 365000 shares.... "Anonymous" is not an individual house, so it would be difficult to tell how many shares the one "BIG SELLER" sold today. I spoke to Joyce Musial at Cumberland today after market close, she was aware of the selling, but business as usual, no suprising news to cause any panic. "We expect to hear from NIRB by the end of this month (next week), and share should go from there", she said.
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