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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

Comment by wonlargeon Oct 30, 2000 6:03pm
86 Views
Post# 2737525

RE: What really happening

RE: What really happeningIt seems to me that this stock is in the same boat as most new issues or RTO's recently completed. I don't feel it is a slight on the management at all. They have been doing what appears on the surface to be very possitive moves as per the recent NR's. The market stinks so that probably has more to do with the dismal performance on good news than anything else. Investor's only want to hear about the bottom line right now. As well most people seem to be vying for possitions in the small caps and concentrating on large caps where they think the 1st wave of upward movement will be.
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