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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 finishon Jun 21, 2002 12:25pm
391 Views
Post# 5228875

RE: XST

RE: XST I became a shareholder in 1999 and still have a few. I attended a couple demo's way back and I saw the equipment and software working live. I haven't heard anything about a lawsuit from a lawyer, but if it claims the system didn't work it's bull. Are you sure about that? I have also heard that the "other" dispute with Veritas is probably going to go to discovery. That should get something going one way or the other. How the "professional" interm management ever allowed this to happen is beyond me. It seems like this company can't catch a break. What is happening with the company anyway? Is it going to sit idle until the Veritas thing is settled?
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