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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 Praxison Mar 28, 2000 8:15pm
196 Views
Post# 1674217

To The Old one....and others

To The Old one....and othersBINGO! Yep, I am totally impressed, that is in fact what Beacon is. Problem is, we will probably never know who was investigated, fired, resigned, suspended, fined etc... But, alot of the same people are involved in the current push behind XST. The rest of you....Please, I am not a basher, and I have said that this is a good high risk 'spec' stock. You have to understand trading on the CDNX.... stocks between .05 and .30 are great for high risk spec plays, BUT historically, as a stock approaches $2 on the CDNX (or Vancouver and Alberta) its either boom or bust time. At this level they (the company in question) have to deliver SOME goods or news to warrant the 10 to 30 fold increase in price so far, and a GOOD reason for new investors to enter at this level. If the company does not do this, the stock will fall back to previous 'penny' levels, or perhaps be completely delisted. I have data on HUNDREDS of Alberta and Vancouver companies that have followed this same cycle... At $2.00 its time for caution. HIGH RISK SPEC. is ALL XST is at the moment till they release some real news, information of contracts, or even a quarterly report for that matter. March 31st is their year end, but due to the SOFT nature of the CDNX, they have as much as 6 months to file this, so we may not see one for a while. Finnish, you didn't explain why a brokers year end would affect a stocks price??
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