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iShares S&P/TSX Capped Consumer Staples Index ETF T.XST

Alternate Symbol(s):  ISTIF

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 TSX Capped Consumer Staples 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:XST - Post by User

iShares S&P/TSX Capped Consumer Staples Index ETF > Shareholders meeting on 22 Dec
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Comment by finishon Dec 11, 1999 10:16am
169 Views
Post# 1141870

RE: Shareholders meeting on 22 Dec

RE: Shareholders meeting on 22 DecI have three points for you to consider: 1)Their notice on the SEDAR site was posted in June 98. I think the value would have been largely office furniture and computers at that time. But, fortunately for those of us who hold stock, tech companies assets are largely understated because the value is the I.P. (the technology), not the number of desks they own, that's why tech trade at 10 - 20 their value. 2)You said "Looks like it the stock went up and is going down which was caused by an institutional investor". Correct me if I'm wrong but, if it sounds like if an institutional investor is involved, why wouldn't you want to be in this stock? 3) The entire industry hasn't done much since it started. The technology is just starting to appear on the market, and right now it's a good time to be established, with proven products. Sounds like a winner to me, I like it.
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