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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

Comment by TheOldOneon Mar 08, 2000 2:42am
137 Views
Post# 1525173

A few things...

A few things...Well you keep saying 'read the docs', yet in my last message I stated I could not find any docs supporting all the hype, no evidence of existing contracts, no evidence of a working product. yes, I did attend a couple of the dog and pony shows they put on last year, and LIKE MOST brokers at the time, I WAS NOT IMPRESSED or FOOLED by the smoke screen. However, I know at least a few brokers that were brought on side recently. How were their minds changed?? The money was raised at .25. Several people controlled very large chunks of the 8 mil given out. When the stock was at close to a buck....these promoters re-offered these brokers these non trading shares back at .25! Illegal, yes, and I want no part of this at the moment. If you have documents to support what you say (sales in 8 countries, financial data on EnviroTrac, please list a link where the rest of us everyday schmucks can see them). You know, as a matter of fact, I will be in Calgary again next week for another stockholder meeting, I will pop in and personally visti BOTh XST and EnviroTrac, and talk to them in person....that should clear a few things up. I've been follwoing EnviroTrac from the beginning and know more than a few people that lost their investment when it didn't go public the first time. Also I met and talked to Miss Ho (XST CEO) back several years ago, and they were an importer, wether this was decalred or not, I dont know, and really, I don't care. No one here is so naive to believe that pure hype companies with no products, or bogus 'paper work' have never got past the Alberta commisions.... How many past 'bogus' companies that no longer trade on the ASE do you want me to list? Im sure anyone with experience on the Alberta or Vancouver exchanges has been taken in by pumpers, paid $3 a share, only to have the company delisted a year down the road. I AM NOT SAYING XST is one of them. It could be the real thing, but like the movie says "Show Me The Money"....or at least show me some supporting paperwork (again, provide links if you have any). Thanks TOO (Anything written hear is the soul opinion of the 'author' and should not be considered factual)
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