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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 28, 2015 4:39pm
286 Views
Post# 24415337

RE:RE:RE:Sensio-Deloitte

RE:RE:RE:Sensio-DeloitteSailor, one of the reasons that the terms of the LOI could be 'sealed' is that the LOI itself is subject to a confidentiality agreement between Sensio and WiLan. Another reason for keeping it sealed is that it prevents interested parties (i.e. creditors) from objecting to the terms if they don't know what they are. As you pointed out, the 3DGo service isn't that proprietary in as much as it uses content from studios (its main asset) on a platform owned by the TV makers, so aside of the goodwill value of a service that is losing a lot of money with large outstanding repayment obligations, it doesn't seem to have as much value as the patents. Given that the patents seem to be where the bulk of the asset value is (otherwise they'd be selling 3DGo and not the patents), then personally I'd consider their disposal material in the context of Sensio's business. Do you know when the hearing date is for the patent sale?
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