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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

Touchstone Strategic Income ETF > Samsung's quarterly profit surged
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Comment by Polebrookon Oct 07, 2015 6:53pm
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Post# 24173537

RE:Samsung's quarterly profit surged

RE:Samsung's quarterly profit surgedHedge, as I mentioned in an earlier post, Samsung reportedly slashed their TV production capacity by 30% this year. They're making and selling fewer TVs (as are LG) and a combination of a weak currency and strong semiconductor sales are the main drivers for their quarterly profit. Samsung's TV business benefitted from more profit per TV sold due to the weakness of the Korean Won as opposed to more TVs sold.
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