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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

Post by 123on Jan 07, 2000 1:01am
280 Views
Post# 1201277

XST is a done deal & ready to take off

XST is a done deal & ready to take off$400,000 p.p. had been completed and XST will be a public company on Jan.31/00 when CDNX rubber stamped its approval. The company has quite a promising future ahead. As per its Nov./99 shareholders circular, it has signed on numerous dealers in South America.It has a $300,000 purchase order on hand from a Calgary company. The stock is going to rock and roll very soon after Jan. 31/00. It has a unique product and tight share structure - 2MM shares only. Any stock pick up below $ 1.00 will look like bargain a month from to-day.
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