XIU: Just in case anybody missed this...
iUnits S&P/TSE 60 Index Participation XIU
Shares issued
Mon 4 Oct 99 New Listing
An application has been granted for the original listing on the Toronto
Stock Exchange in the industrial category of 10.2 million index
participation units (i60s), all of which will be issued and outstanding
upon completion of a public offering.
Listing of the i60s will become effective at 4:01 p.m. on Oct. 1, 1999, in
anticipation of the public offering closing on Oct. 1, 1999. The i60s,
other than those which have not been distributed to the public, will be
posted for trading at the opening on Oct. 4, 1999.
Each i60 represents a unit of the fund which is a trust established by
Barclays Global Investors Canada Limited. The underlying assets of the fund
are shares of the 60 constituent companies that make up the S&P/TSE 60
Index from time to time, held by the fund in the same proportion, based on
relative weight, as these shares are reflected in the index.
Each i60 of the fund is intended to have a core asset value per unit (the
dollar value of the shares underlying a unit) equal to one-10th of the
level of the index as calculated by Standard & Poor's. If the index is
adjusted, adjustments will be made in the shares held by the fund or the
number of i60s outstanding so that, to the extent possible, the core asset
value per unit will continue to equal the same fraction of the level of the
index.
Symbol: XIU
Cusip No: 46578B 10 0
Pursuant to a prospectus dated Sept. 24, 1999, underwriters are offering
i60s to the public. Proceeds from the offering will be used to purchase the
shares of the 60 constituent companies which make up the S&P/TSE 60 Index.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com |
