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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 Trooperhoboon Sep 18, 2015 4:06pm
263 Views
Post# 24117048

RE:RE:RE:High expectations

RE:RE:RE:High expectationsWell heres  what we know...at end of 3rd quarter of 14/15 fiscal users were 23,363 and revenue for fiscal was  about $60K.  At end of June, users were 29,830 - no update on revneues (as this will be reported seperately).  So, my assumption would be users at end of 14/15 fiscal (may 31) is about 28,000 users.  Revenue for that quarter might be $40K...so for all of 14/15 fiscal - a total of +/- $100k.

So, looking forward, if 50K users is a short term goal (maybe achieve in august), I'm not seeing more than $80k  for 1st quarter of 15/16.  I'm not going to spectualte beyond this, as no idea yet on how samsung roll-out is going.   Hope Nic can provide some guidance next week.

Point here, is SIO cannot be profitable with 3dgo until full samsung roll-out and I believe internatioal expansion and other streaming devices...and if numbers start to move expoentially, then a potential buy-out.
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