The Ubika Technology 20 Index (UT20) underperformed during the past month, edging up 0.6% but relatively lackluster compared with the 6.0% return of the TSX Information Technology Index. The TSX Venture Index, however, sank 17% in the same time period. Mitel (TSX: MNW) was the top-performing component company in July, gaining 9.6%. Mitel was recently added to the S&P/TSX Composite Index.
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