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 > Conflict!...

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Post by Praxis on Apr 12, 2000 2:08pm

Conflict!...

Word out is that there is some sort of internal conflict within XST. Cant find out much information at the moment as people are unusually tight lipped. My feeling is that there is tension between the President and the CEO of the compnay (yes they have one of each.) Apparently, they have been trying to oust Stephanie, but so far they have not been successfull. Another possibility is perhaps a conflict with one of their promoters... I still haven't bought any shares back, I will wait till the internal problems have stabilized and maybe we see another news release...

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