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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 finishitoffon Jun 20, 2000 4:25pm
125 Views
Post# 2089563

Will4 Thanks for the Compliment!

Will4 Thanks for the Compliment!Well obviously Will you are upset that I am right again. I did say the stock would trade in the 50's if the buying didn't stick and it does not look like it is going to stick. There is some kind of rumor that an I.R. group is leaving? anyone with info post please and that leaves us with who? Stock should have support in the low 50's for now as the company works to complete a non-brokered 50 cent deal for 600,000 shares. I do know the company is working towards completing a few deals which should add value, but these are for the long term players, short term the stock will trade low 60's mid 50's until the selling is done to complete the financing.
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