Bullboard - Stock Discussion Forum 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... see more

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iShares S&P/TSX Capped Consumer Staples Index ETF > Just A Little Help Would Be Greatly Appreciat

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Post by brucey on Jan 23, 2000 12:28am

Just A Little Help Would Be Greatly Appreciat

can someone please clarify what is supposed to happen with XST and the CDNX on, or about, January 31. I am a little confused. One posting stated that XST would be a Public Comapny then. If that is the case then what are they now ???? They trade on the CDNX - in fact I am the proud ( hopefully ) shareholder of 2500 shares and my investment buddy is in for 5000. I know it may not be much money for most of you but my ex has all of the rest of mine. Anyway a posting from someone knowledgeable would be GREATLY appreciated !!!!!!! Thanks in advance !!!!!!!!!

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Comment by 123 on Jan 25, 2000 1:34am

if one understand how the "junior capital pool" works under the Alberta Stock Exchange, that would clarify all your confusion. innitially xst started as a jcp corporate shell; it got approval to trade as a shell company and was required to vend in a company within 18 months. the vend in company is considered as a major transaction. in this case, enviro-tech is used as a major ...more

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iShares S&P/TSX Capped Consumer Staples Index ETF