Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Back to business baby!

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Comment by Robsopinionon Jun 01, 2021 8:53am

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Post# 33301937

RE:Back to business baby!

I had assumed that the three of us had a decent position, because of how passionate and active we are. I hold mine across 4 accounts. All are up nicely except for my kids RESP which is down about 40%. It was the only thing I bought for them for the first two years and then reinvested all of the distributions. That's the one that chaps me. In a personal conversation with Fowler I told him I was all in with my kids future, he agreed it was a good place to be. Then this years attempted buyout for rock bottom prices and the animosity that followed burns me to the soul.

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