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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 Polebrookon Jan 23, 2015 3:06pm
167 Views
Post# 23357094

RE:RE:RE:Sensio post a PROFIT for the quarter

RE:RE:RE:Sensio post a PROFIT for the quarterHedge, on Page 6 of the Management Discussion and Analysis they state "An active user is defined as a consumer registered to 3DGO and that rented at least one movie over a twelve months period". So signing up and renting at least one movie in a 12 month period is considered 'active'. If you have one drink a year, does that make you a frequent drinker? I stand by what I said. If a rental from 3DGo costs $5 for arguments sake and they got $13.3K in revenue in the last quarter, they saw about 2,660 downloads from 21.6K active users. So about 12% of active users are paying customers. If they have 50K active users and have the same attach rate of 12% and $5 per movie, then this equates to $30K/qtr. And that is gross and doesn't include the share that they have to give to the studio. At this rate they would need 10-20x the projected number of active users for this to start to be meaningful.
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