Touchstone Strategic Income ETF V.SIO

PETER HODSON'S THOUGHT

[raveenm]

Peter Hodson: 

Sensio. My comments on TV last week were totally misinterpreted. We still like the company and as a company we have been net buyers since December. I sold about half my position in my fund only, which is one of the smallest Sprott funds. I sold some because it became a 4% position, which is what happens when a stock goes up much faster than your other holdings. I want it to be a 2% position in the fund, because the market is still uncertain, and their low revenue base may not attract new buyers until markets settle down. What's more, when investors get scared the stocks that have risen 1,000% are often the first things they sell. But we absolutely still believe in the company