Bullboard - Stock Discussion Forum iShares Global Real Estate Index ETF IGREF

Primary Symbol: T.CGR

The investment objective of the Fund is to replicate, to the extent possible, the performance of the Cohen & Steers Global Realty Majors 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... see more

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TSX:CGR - Post Discussion

iShares Global Real Estate Index ETF > 1 for 3 or 3 for 1

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Post by auagmaniac on Jul 23, 2007 8:39am

1 for 3 or 3 for 1

Either way, I'm not complaining. With 7 million shares out, the most we'll see (if it is 3 for 1) is 20-21 million shares, which in my opinion is just about right. Hopefully, that will increase the daily trading volume. You know we need that, as we have a pitifully small daily volume right now.

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Comment by mudlark on Jul 23, 2007 1:26pm

If you read the meeting notice you will see that 8 mill become 24 mill

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Comment by auagmaniac on Jul 23, 2007 4:47pm

I went to the company website, and it had the blurb about the 3 for split, but no effective date. Anyone got any ideas as to when this magical event is to take place?

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