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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 Praxison Apr 12, 2000 8:29pm
84 Views
Post# 1773653

RE: re: Praxis-Scalper...

RE: re: Praxis-Scalper...Since you obviously only joined today, we know you are an 'old' user who just changed names to earn a bit of credibility.... My deal is this.... I have been asking for some real news from the compnay you claim you are associated with. Got one good release so far. I was warning of a potential correction in the price of this stock (XST) back when it was trading at $1.75+ (go back and check). Of course the price will go down when a company built on hype REFUSES to release REAL and VALID news of the supposedly 15million in existing contracts, potential deal with Sask Tel. etc..... Eventually investors who bought on hype EXPECT some real news behind all the hype. If the news doesn't come, they WILL sell, especially in a tech slide like we are in now. So what do we have with XST?? Insiders who were pushing investors HARD to buy at $1.90, $1.75, $1.50 etc.... all the way down to $1.00. They will no doubt say that this stock is a great deal now.... maybe it is, but they have to start looking out for shareholders, otherwise, it wont be long till its at 50 cents or less. Perhaps they are just unloading the millions of shares they got for 20 cents? I have my sources, and believe me, when I say, something 'weird' is going on internally. I know a promoter that was invloved with this for a little while out of Toronto, and may try to find out whats going on from the horses mouth... Im still excited about this stock and am ready to hit the 'buy' button when the time is right. Phoning the company will tell you nothing....THEY ALWAYS TELL YOU WHAT YOU WANT TO HEAR. When I am in town, I will visit them personally.
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