Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial Services Asset Management

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with regular monthly cash distributions, in an amount to be determined by the board of directors; and to permit such holders to participate in all growth in the net asset value of the Company above $10.00 per unit, by paying such holders, on or about the termination date, such amounts as remain in the Company on the termination date after paying the preferred share repayment amount to the holders of the preferred shares. It invests in a portfolio consisting of 15 financial services companies made up of Canadian and United States issuers. Its investment manager is Quadravest Capital Management Inc.

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Financial 15 Split Corp > US govt shutdown may happen

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Comment by Experiencedon Dec 19, 2024 1:28pm

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Post# 36370679

RE:US govt shutdown may happen

Mouserman...

As far as I am concerned the shutdown is all but certain. As mathematicians would say...."There is no unique solution to the problem". Trump wants a debt ceiling limit increase and there are too many Republicans totally against that (they pushed out McCarthy for a lot less). The Dems think they are on the side of the angels and won't vote for anything different from the 1541 page POS that was on the table. The deadline is midnight tomorow.

As far as the stock market is concerned, the "Grownups" will shake the tree to get some things on sale but in reality, business is quite happy with a shutdown since it means that politicians won't be screwing things up and they are happy with the way things are right now.

When Trump gets in, business will get what they want (deregulation) through Executive Orders and don't need Congress to get in the way. DOGE will also do its thing without interference from Congress.

Plus.....the smart people are asking the question ...."what has Congress been doing for the last 8 years besides investigating/impeaching Trump and stoking inflation with multi trillion dollar pork barrel legislation?".

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