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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 novice1on May 24, 2000 12:27pm
138 Views
Post# 1958954

It matters very much!!!

It matters very much!!!If the investors, past & present, small time & big time, are the only ones selling off this stock, it wouldn't be so bad. But it's not. Some of these cutthroats are small and large stock houses, that are buying and selling between each other and (I believe) driving the price down. I'm not saying that the Tech stocks needed to be aligned, and most companies were over valued. But this company has some differences. #1- It has been selling it's products, #2- They have been doing some serious R&D for the last number of years, #3 They have a core group of investors that have been on board for a very long time who understand some of the pitfalls this company has had. Stick to your guns stockvirgin and the others. Lets keep this stock rising, don't sell it short or yourself. We all know it has great potential and potential is somewhat of an intangible on the stock market. I have seen other companies in the same tech area, selling crap and making tons of money on their stock. Lets not be (true)Canadians here, lets not sit back and wait for this thing to drop any more. The time has come to push this stock to an all time high! We need three things in order to pull this off. #1 A tremendous effort by John & Steffani to start issueing some good contract news, #2 Investors that are serious and stick together in pushing the value higher, and #3 The stock brokers and the new IR/SP guys to get off their butt and promote this thing. This is just my opinion, Thanks, novice1
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