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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 > Scenario
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Comment by Polebrookon Dec 29, 2015 6:17pm
139 Views
Post# 24418015

RE:RE:RE:RE:Scenario

RE:RE:RE:RE:Scenario3D Guy, I think that some of the studios are creditors - there was a note in the last set of accounts that implied that a series of contracted payments totaling several hundred thousand dollars was due before the end of the next financial year in May 2016. Assuming that Sensio had some staged payment deal with the studios for the rights rather than 100% upfront, then it is likely that the studios are creditors if they now have unpaid advances due.
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