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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

Post by bgdickon Nov 11, 2013 6:32pm
325 Views
Post# 21895621

Strange indeed

Strange indeedWhat I find even stranger is that all these shares are being bought for a company that hasn't made a penny in twelve years and has given no indication that will ever change. In fact it looks more like they will close the doors before ever showing a profit. So who is buying ,maybe someday the boys will have to explain that in a court of law. Something here stinks, it always has. So unless these guys are magicians and will be pulling a rabbity out of a hat, I say  whoever is buying millions of shares must know something, they are not just buying because they are cheap. It hurts to lose money no matter how low you bought at. 
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