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

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Post by jglowachon Jan 26, 2000 1:11am

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Post# 1276428

What does XS Tech do?

XST is taking over EnviroTrac,a private co.which developed a proprietary vehicle and asset-tracking product that addresses the world wide problem of vehicle thefts.Since 1995 this co. has been involved in developing,manufacturing,marketing and servicing a unique tracking system-MobileTrac-which incorporates GPS based tracking software and hardware.Has existing contracts valued at $ 12,000,000 over 3 yrs. They recently signed a $350,000 local contract.It is noted that XST provides the total package-design,hardware, software,GPS tracking,monitoring which lends itself to awide range of applications.As indicated in their recent news release they will close this month end.Slightly over 2,000,000 shares FT , however more shares will become free trading in Feb.

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What will the U.S. election results mean for Canada?