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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.


TSX:SRV.UN - Post by User

Bullboard Posts
Post by JReynoldson Sep 04, 2011 6:59am
335 Views
Post# 19010596

non-DTC stock fees

non-DTC stock feesIn case anybody does not realize this, this counter is a non-DTC stock. Hence, settlement fees will soon be high for against some brokerages out there. And these fees will be passed-through to investors. We will need to pay these high settlement fees in addition to the standard $29.00 that we have been paying.

Anybody else heard about this ?
Bullboard Posts