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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 cocococoon Jun 19, 2000 11:42am
104 Views
Post# 2082165

Maybe it is time to get out.

Maybe it is time to get out.You may be right at least in the short term. One of their I.R. people told a friend on Friday morning, that there was too much stock out in the market so the market probably wouldn't go any higher, talk about confidence in your company. If that is the way the shareholders are to be treated then why am I still involved with this company. They obviously aren't serious about their market because that is the feedback I get all the time. So make your decision based on what you see in the market and not what "they" tell you because the market dictates what your investment is worth not the directors or any promoter.
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