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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 Dec 24, 2015 11:25am
196 Views
Post# 24411524

RE:RE:The whole thing stinks

RE:RE:The whole thing stinks3D Guy, I think the reality is probably a lot simpler. Management thought they could sell the patents to WiLan for a much bigger number than WiLan would ultimately agree to and once they signed the LOI ith WiLan, the board had to acknowledge that the patent sale value wasn't/isn't enough to cover their ongoing obligations and had no other choice than to file for protection. With the existing license to WiLan, there weren't many other companies they could sell the patents to, so they pretty much had to take whatever WiLan were prepared to offer.
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