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Touchstone Strategic Income ETF V.SIO


Primary Symbol: SIO

The Fund seeks a high level of current income with a focus on capital preservation. The Fund invests, under normal market conditions, at least 80 percent of its assets in income producing fixed-income securities. This is a non-fundamental investment policy that the Fund's Board can change upon 60 days prior notice to shareholders. Income producing securities generally include corporate debt securities, mortgage-related securities, asset-backed securities, government securities (both U.S. government securities and foreign sovereign debt), and preferred stocks. The Fund will engage in frequent and active trading as part of its principal investment strategies.


ARCA:SIO - Post by User

Comment by disgruntled1on Mar 01, 2013 4:05pm
107 Views
Post# 21064584

RE: Simple question

RE: Simple question

Maybe the delay is getting other CE's on board as part of the launch...it never made any sense to invest the kind of time and capital that SIO has with this thing unless they had a very good idea that it would be worth their while to do so.  At the time they initially "launched" in January 2012, Routhier siad that it would launch with a minmum of 3 CE's, and it was well known that TCL (who they only had an LOI with at that time) was not yet selling in the States, and they didn't even have Hisense on board yet.  So who are the 3 that he had in mind? Or was that another misstatement? 

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