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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.


TSX:CLG - Post by User

Post by PGMBOYon Dec 08, 2005 8:39am
112 Views
Post# 9987163

Public is waking up to gold's allure ??

Public is waking up to gold's allure ??The Globe and Mail reports in its Thursday, Dec. 8, edition that employees at precious-metals dealer Kitco were scrambling Wednesday. The Globe's Wendy Stueck writes that Kitco workers were fielding hundreds of calls on one of the busiest days in the firm's history. Customers clamoured to buy everything from bars of gold to certificates for precious metal stored at an Australian mint. Jon Nadler, Kitco's investment products manager, said Wednesday's near 25-year high for gold -- after its recent breakthrough to the psychologically important $500 (U.S.) an ounce mark -- shows the public is waking up to gold's allure. Gold is back. Firms such as Kitco are on the front lines of a global trend that some say could see gold emerge as a "fourth global currency" that could challenge the dominance of the U.S. dollar, the Japanese yen and the euro on the world financial stage. Analysts say a supply-demand crunch is driving gold prices. Analysts say a ballooning United States government deficit is lessening confidence in the American dollar. Mined-gold production has fallen by an average 2 per cent a year between 2001 and 2004, Newmont Mining said Wednesday.
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