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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 termenatoron Aug 03, 2000 10:14am
91 Views
Post# 2278906

Re: Buy Guy

Re: Buy GuyI spoke with a guy he told me it can be discounted from market by up to 25 percent so 28 to 30 cents now. Vast majority of options were set at 80 cents in March or April. I spoke with him for a long time I thought what he said was quite interesting and the phone call he got yesterday was even more interesting. But he said it has been quite disappointing in regards to what has happened. He doubts financing will be done at these levels. He wasn't happy that first a cheap 50 cent financing was being done and then now it is in question. Proomotion was a problem for him too. What he did say was that all they needed was a few brokers and few significant investors to get involved in buying and spreading the word. But it seems one guy is intent on burning bridges and screwing things around. So unless there are drastic changes well. Anyways, you want a little more info email me I get you what I can.
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