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iShares S&P/TSX Global Gold Index ETF T.XGD

Alternate Symbol(s):  IUTCF

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 Global Gold Index the Index , net of expenses. Under normal market conditions, the Fund will primarily invest in equity securities issued by international issuers participating in the mining secto. 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:XGD - Post by User

iShares S&P/TSX Global Gold Index ETF
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Comment by nambuon Jul 28, 2009 8:14pm
359 Views
Post# 16173516

RE: RE: RE: Technicals improving, but

RE: RE: RE: Technicals improving, butBreak below this and last weeks' support levels is hopefully a pause.  Line at $18.40 on 15-day is about where we need to hold...

...might just be a breath in before the next leg up as you state to upper trend channel in high 19.s ?

Summer seasonal bullion weakness nearly over and dollar support seems to be abating - we shall see with this week's HUGE treasury issues.

GLTA 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities