Takeovers - SGEN (Seagen Inc) and new Buy Signal


Please note that SGEN (Seagen Inc) has been the subject of a Takeover offer from Pfizer (PFE) since the middle of March 2023.

Over night a new buy signal was generated on SGEN.

As such this is a trade that will not be taken in the SWS US Equal Weighted Public Portfolio (or Leveraged Public Portfolio), since it is still under takeover.

This is in accordance with the takeover rule in section 3 of the Investment Plan

" Where a position becomes the subject of a takeover it will be closed on the 20th trading
day after the initial takeover announcement and no further positions will be taken whilst
under takeover."

A PDF of the Investment Plan can be downloaded here