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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 L16289on Mar 13, 2000 6:22pm
152 Views
Post# 1563647

News!!! Finally

News!!! FinallyAttention Business Editors: XST Lands Jamaican Distributor CALGARY, March 13, /CNW/ - XS Technologies Inc. (``XST'') headquartered in Calgary, Alberta and the designer of the MobileTrac product suite, is pleased to announce it has received a purchase deposit towards its 9th international system installation. XST's Jamaican partner is Stealth Technologies, a leading Caribbean security service provider. Stealth will distribute the product through its dealer network subsequent to the system installation, scheduled for Q2, 2000. Along with Security Systems International (SSI) from Nassau, Bahamas, this new contract becomes MobileTrac's second installation in the Caribbean region. SSI has been operating a MobileTrac system since July 1996. ``The Jamaican sale demonstrates the increase in demand for our GPS tracking products'', states John Way, President of XST. The company's other successes in the international market over the past four years includes distribution contracts in Honduras, Cote d'Ivoire, Australia, Uruguay and Taiwan. XST, formally operating as EnviroTrac Technologies, designs and manufacturers the MobileTrac product suite in Calgary. MobileTrac is able to track in all corners of the world using existing communications infrastructure, or where there is no appropriate network in place, XST can build a state-of-the-art tracking network. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00012884E
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