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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

Comment by bearinaboxon Dec 31, 2006 1:43pm
361 Views
Post# 11938993

RE: Revenue up 6%-Financing mid-January

RE: Revenue up 6%-Financing mid-JanuaryThe only reason that this stock is this low is because of the litigations involved. Revenue was not a problem. The problem (IMO) was a group of greedy individuals who had their hands in the cookie jar, were funnelling money to another company that they were operating, and were using CAB to pay all of the expenses. Once the above was discovered and the "rascals" were turfed out, all hell broke loose because they were not willing to depart from the "cash cow" that they were milking. If this company had been operated in an ethical manner, this stock would be up in the $0.40 to $0.50 range (IMO). I hope this does come about, because the upside could be quite profitable. Happy New Year to all. BinaB
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