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.

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Touchstone Strategic Income ETF

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Post by Trooperhoboon Dec 31, 2015 12:12am

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Post# 24421037

New Documents on Deloitte site

Looks like a proposal to creditors for about $860k - presumably proceeds from the sale of patents. Most of this is in French, but I got the jist. Add another $386k for loan/deloitte fees/employees/BOD, and total is $1.246M. So is this the minimum valuation of the patents...would it be higher?

Interesting that the creditor proposal is $860K, yet Motion info says, $1.492M is owed. However this includes employee compensation. Not sure if the $860 K is a payout at 100% owed or less.

Document in this link.

https://www.insolvencies.deloitte.ca/en-ca/Documents/Sensio%20Technologies%20Inc/ca_insolv_en_SensioTechnologies_NoticeToCreditors_NOI_123015.pdf

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