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 jayboneson Jul 21, 2017 8:58am

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Post# 26494163

RE:RE:RE:5i Research suggests to sell

Well here is your chance, $30.60. Should be interesting to see what earnings are like on the 27th. I agree that AW.UN got ahead of itself at $42, at $30 it looks like a solid entry point, they are still opening new stores and growing, I guess all of 5i subscribers have been dumping their stock.

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