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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 Rabiddobermanon Sep 30, 2015 9:18am
89 Views
Post# 24148495

RE:International expansion

RE:International expansionTrooperhobo, that's exactly what that looks like. This announcement is pretty much the only one SIO can make that has the potential to drive up the SP, with maybe the exception of announcing a miraculous surge of users in the October financials. Considering the current circumstances, they might have pulled that ace out of their sleeve a bit earlier than they intended. If, like some here believe, a new PP is just around the corner, that will pretty much be their sales pitch. 

Now they have no choice but to deliver on time. I just hope they have (or can get) the necessary resources to achieve this. An international launch involves a lot of additional work and costs - studio licenses, platform and web site localization, dubbing, compliance with local laws, etc. Hopefully they've already been hard at work on this over the past few months. 

This is good news indeed, but it's also a "make or break" situation. Let's hope they can deliver and that the european/south american markets are as promising as we believe.




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