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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

Post by RabidIsBackon Apr 26, 2016 3:29pm
435 Views
Post# 24811895

Future updates?

Future updates?A new document has appeared on the Deloitte page, but it doesn't say much apart from confirming that SIO did not file a proposal and is therefore deemed to have filed an assignment in bankruptcy. 

https://www.insolvencies.deloitte.ca/en-ca/Documents/Sensio%20Technologies%20Inc/ca_insolv_en_SensioTechnologies_ReportTrusteeNonFilingCFProposal_042216.pdf

At this point I wonder if we'll learn more from Deloitte, or if further proceedings will go through the office of the Superintendant of Bankruptcies, to whom the report was addressed.

If they do, then I'm afraid we won't have any more free information (or any for that matter). There is a minimum $8 fee to perform a search in the OSB records (no matter if the search returns results or not), except for corporations with debt exceeding $5M. I don't know if there are rules on sharing information from their database once you've paid for it, but I for one won't be spending a penny to look them up...
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