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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 wonlargeon Sep 14, 2000 12:24pm
161 Views
Post# 2491471

more good.....NEWS!.......

more good.....NEWS!.......Attention Business Editors: Bobcat(R) Dealers to Resell XST's MobileTrac CALGARY, Sept. 14 /CNW/ - (CDNX: XST) - John Way, President of XS Technologies is pleased to announce that a Reseller Agreement with Bobcat(R) of Edmonton, Calgary, and Red Deer, divisions of A.R. Williams Western Ltd. has been signed. XST has teamed up with A.R. Williams Western Ltd. to bring unprecedented levels of wireless security and safety service to construction equipment owners throughout Alberta. This agreement provides XST, the Canadian developer of precision, GPS asset tracking and security products, a direct conduit to a substantial customer base in Alberta with sales offices in Edmonton, Calgary and Red Deer. "The A.R. Williams Western Ltd. agreement clearly demonstrates the value of XST's products and services to both large and small business. In the highly competitive construction business, operators cannot afford to lose equipment, their most valuable revenue producing asset," says John Way, President of XST. This announcement is the first in a series of partnerships that XST is aggressively pursuing in the construction and heavy equipment, security services market. Industry estimates place this market's potential as high as $35M annually in Western Canada alone. Founded in 1995, XST is the owner of the proprietary MobileTrac technology, with worldwide distribution channels. The newly offered suite of wireless tracking services offered through Telus Mobility's CDPD network, allows customers to cost-effectively and conveniently access tracking data for their own mobile assets using the Web. MobileTrac combines high-grade, 12- channel GPS, security and sensor functions with seven different types of telecommunications protocols to provide businesses around the world with instantaneous data concerning their assets. Qualified companies wishing to become MobileTrac resellers, contact Mr. Michael Fraser, Director of Sales at (403) 571-8722 or mfraser(at)mobiletrac.com The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00012884E -0- 09/14/2000 For further information: John Way, President, XS Technologies, (888) 571-8722 or jway@mobiletrac.com; Richard Maeers, Senior Partner, Norcap, (403) 802-3700, norcap@telusplanet.net
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