iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. 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 exchange-traded funds managed by BlackRock Canada or an affiliate 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.

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iShares 1-10 Year Laddered Government Bond Idx ETF

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Post by tanoon Nov 25, 2005 6:54pm

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About Resource Capital Funds

Here is some info on Resource Capital Funds. I hope that this firm does not intend to "steal" the company away from small shareholders at bargain basement prices. https://www.resourcecapitalfunds.com/rcf_abou0.html It's hard to say what motivated Kinross to sell its CLG position at $1.76 per share. Given CLG's promising prospects, $1.76 per share seems very low. This is pure speculation on my part, but maybe Kinross wanted to crystallize a capital loss (I don't remember what price Kinross paid for its CLG shares). Alternatively, maybe the goal of the transaction was simply to transfer the upside potential offered by CLG's shares from Kinross' shareholders to RCF; it would be interesting to see if any Kinross insiders are investors in RCF.

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