iShares S&P/TSX Capped Energy Index ETF T.XEG

Alternate Symbol(s): IUNSF

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 Energy Index the Index, net of expenses. 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. A sampling strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a representative portfolio of securities that has an aggregate investment profile similar to the Index.

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iShares S&P/TSX Capped Energy Index ETF > Price of Oil

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Post by Schussing56on Jul 06, 2021 8:51am

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Post# 33498069

Price of Oil

Just watched a TD WebBroker video. Bart Malek thinks oil could get up over $80 per barrel in the short term but he doesn't think it's sustainable as there is a lot of capacity out there. (ie. Iran, US Shale oil that is now profitable and, of course, Opec cuts). Others I've heard have said that oil could be trading at $100 per barrel by next year. I wonder who's correct?

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