Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

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 > In what world…

<< Previous

Bullboard Posts

Next >>

Comment by Robsopinionon Jun 01, 2021 2:59pm

77 Views

Post# 33304392

RE:RE:RE:RE:RE:RE:RE:In what world…

I'm honestly shocked that this was your first time crisis investing, you seem like a very seasoned investor.

becareful with your risk profile would be my only advice. I'm not sure what you are working with, but on a million dollar portfolio and the units you say you hold this would be about a 12% weighting. In the past, I would have said Sir was a nice, steady, relatively stable and safe investment. Now I would say it is speculative. The risk is far from
gone on this and all hospitality stocks to be honest.

dislosure: I have become more aware and even concerned lately with its weighting in my portfolios, but man it has been a ride!

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading