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iShares Equal Weight Banc & Lifeco ETF T.CEW

Alternate Symbol(s):  CEWUF

The investment objective of the Fund is to provide investors with a diversified, equal-weighted investment in a portfolio of common shares of the largest Canadian banks and Canadian life insurance companies. To achieve its investment objective the fund seeks to provide investors with monthly cash distributions targeted to be $0.0417 per unit approximately $0.50 per annum. Currently, the Fund pays monthly cash distributions of $0.041 per unit $0.4920 per annum. The investment strategy of the Fund is to invest in common shares of the largest Canadian banks and Canadian life insurance companies. Securities are selected for inclusion in the CEW portfolio based on the following criteria i the minimum market capitalization of such an issuer is $5 billion for banks and $1.5 billion for life insurance companies; and ii the issuer must be a Canadian bank or a Canadian life insurance company.


TSX:CEW - Post by User

Post by realstockon Jul 19, 2002 11:41am
146 Views
Post# 5298010

faint-of-heart

faint-of-heartfaint-of-heart nothing, as it turns out this guy's a crook. looks like he found out how to use the system to fill his pockets by swindling shareholders nothing less than "legal theft" whoooa is me RS Consolidated Earth Stewards clarification Consolidated Earth Stewards Inc CEW Shares issued 9,129,962 Jul 17 close $0.08 Thu 18 Jul 2002 Correction In a July 18, 2002, Street Wire article, Stockwatch stated Consolidated Earth president Devinder Randhawa traded 10 million shares of the company, earning a $300,000 profit. According to insider trading reports, a total of 6.8 million of these shares were traded prior to February, 2000, during which period Mr. Devinder lost $130,758, and 4.2 million of these shares were traded during the IPWorld promotion between February, 2000, and February, 2001, in which time Mr. Devinder made a profit of $434,841.
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