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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 FIN69on Feb 16, 2000 11:17pm
132 Views
Post# 1389490

Major transaction

Major transactionI have been following this company and it's performance over the past few months and all I can say is WOW, can it sustain these levels ? I doubt it. It is a great company with over 14 million dollars in U.S. contracts not including the ones they are working on, they also have a number of Investment dealers on their side and also a Public relations person on as well. Global Positiioning is what they are all about, vehicle trakcing. With the financing completed I feel that the stock might fall back to the $1.25 - $1.30 level, I hope it does because a lot of people will be buying it at those levels. Lets keep our fingers crossed.
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