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iShares S&P/TSX Capped Energy Index ETF T.XEG

Alternate Symbol(s):  IUNSF

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 Energy Index the Index, net of expenses. 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. A sampling strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a representative portfolio of securities that has an aggregate investment profile similar to the Index.


TSX:XEG - Post by User

Comment by HippygirL74on Oct 17, 2009 6:19pm
307 Views
Post# 16397127

RE: RE: RE: 12M Target = 19.40$/sh.

RE: RE: RE: 12M Target = 19.40$/sh.

pullsee7,

Yes, i got back onboard on the last dip and sold again, but sold too early.  i'll wait now for another dip before buying again.  What troubles me is that this "recovery" seems too easy and too fast.  i am expecting another test of the lows and was very surprised to see oil hitting the high end of a trading range so quickly.  Perhaps it is only because the USD is dropping so fast that oil prices are higher, in which case, it is probably best to get out of energy stocks at this time, as opposed to increasing prices due to increasing demand. All imho.

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