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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

iShares S&P/TSX Capped Consumer Staples Index ETF > XST
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Comment by ipobroon Jun 24, 2002 11:41pm
366 Views
Post# 5235862

RE: XST

RE: XST From what I remember they had annouced several contracts. I also remember hearing alot about a non-participating board and other like issues on this bull board long before the problems became public. I think we would all like to blame someone for this but the bottom line is Veritas didn't sue XST for anything. XST sued Veritas. I believe that XST got caught in a money crunch because they weren't greedy enough when they had the chance like others. Triangulum is a good example, how many millions did they spend? Let's hear what happens at the discovery and then we will all know.
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