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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 jglowachon Feb 29, 2000 5:27pm
290 Views
Post# 1470870

XST Share Price

XST Share PriceCLQ closed at $72.00 today. If there is substance to the rumour that CLQ and XST are in discussions then XST should benefit from any joint venture possibilities as XST may get some exposure to their technology,the contracts in place accompanied by a corresponding increase in price. With the markets thirst for high tech, cos. such as XST are particularly well positioned to benefit.
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