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iShares S&P/TSX Global Base Metals Index ETF T.XBM

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 Global Base Metals 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:XBM - Post by User

Comment by 1condoron Jul 05, 2022 12:15pm
131 Views
Post# 34802165

RE:RE:RE:RE:RE:RE:Staying the course...

RE:RE:RE:RE:RE:RE:Staying the course...Wow...talk about pricing in a recession. For recessions this sector has always been the "canary" they send into the mine. Based on the shareprice the canary never came out. No longer in this ETF but continue to monitor and could be a very good ETF to look at again in 2023.
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