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 > new bashers to the board? lol

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Comment by BabyDreion Sep 25, 2006 11:17pm

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Post# 11418965

RE: new bashers to the board? lol

OK first, the news release is hard to miss. Second, there is NO STOCK SPLIT. Fareport is calling for a 100:1 share consolidation. Maybe in and of itself a share consolidation is not a bad idea; however, with the issuance of all these new shares, it means that the collective voice of all the current shareholders combined will be silenced by the roar of the single new investor. Of course, this could all be moot should the proposal be rejected at any level. Drei

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