A and W Revenue Royalties Income Fund T.AW.UN

Alternate Symbol(s): AWRRF

Consumer Cyclical Restaurants

A&W Revenue Royalties Income Fund (the Fund) is a Canada-based company. The Fund is a limited purpose trust established to invest in A&W Trade Marks Inc. (Trade Marks), which through its interest in the A&W Trade Marks Limited Partnership (Partnership), owns the A&W trademarks used in the A&W quick service restaurant business in Canada. In return for licensing, A&W Food Services of Canada Inc. (A&W Food Services) to use its trademarks, Trade Marks receives royalties equal to 3% of the sales of A&W restaurants in the royalty pool. The total number of A&W restaurants in the royalty pool is 1,047. The Fund's capital management objectives are to have sufficient cash and cash equivalents to pay distributions to its unitholders, after satisfaction of its debt service and income tax obligations; provisions for general and administrative expenses; retention of reasonable working capital reserves, and amounts that may be paid by the Fund in connection with any cash redemptions of units.

TSX:AW.UN - Post by User

A and W Revenue Royalties Income Fund

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Comment by netgenxon Oct 19, 2014 8:29pm

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Post# 23042166

RE:RE:Ebola - took a little of the table today

First, keep in mind I didn't say I'd closed out my position. The entire Ebola issue isn't about reality, it's about perception. No, Canada hasn't had a case yet. Will it? Who knows, but if the number of cases in the U.S were to get to say 100, people WILL stop going to restaurants. Business for the airlines & hotels is already reflecting that fear. If this were to happen to AW.UN the share could easily drop to $20. The current share price of A&W is at an all time high; by selling now, am I really likely to miss a big run up? If things settle down, I think I'll be able to buy back at close to current values. It's about risk management.

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