Nuveen Senior Floating Rate Income Fund (FSL.UN) announces the
adjournment of the special unitholder meeting for Nuveen. Charterhouse Preferred Share Index Corporation (PFD.PR.A) announces that its preferred shareholders vote against the special resolution to merge Charterhouse.
TORONTO, Aug. 11 /CNW/ - JovFunds Management Inc. ("JovFunds"), the manager of Nuveen Senior Floating Rate Income Fund ("Nuveen") and Charterhouse Preferred Share Index Corporation ("Charterhouse"), announces that:
<< 1. the special meeting of the unitholders of Nuveen could not be held today due to a failure to achieve the necessary quorum and has been adjourned to August 21, 2008; and 2. at the special meeting of the preferred shareholders of Charterhouse held today, preferred shareholders voted: a. Against a proposed resolution to approve an amendment of the articles of incorporation of Charterhouse to permit Charterhouse to redeem all outstanding preferred shares on a merger of Charterhouse into the Fairway Diversified Income and Growth Trust; and b. For a proposed resolution to approve an amendment to the articles of incorporation of Charterhouse to permit the Corporation to redeem all outstanding preferred shares prior the scheduled redemption date. >>
The adjourned special meeting of unitholders of Nuveen will be held at offices of JovFunds, 26 Wellington Street East, Suite 700, Toronto, on August 21, 2008, at 9:00 a.m. (Toronto time). Unitholders wishing to tender proxies for the adjourned special meeting of Nuveen must do so in accordance with the Management Information Circular sent to unitholders and dated July 11, 2008.
About JovFunds Management Inc. (www.jovfunds.com)
JovFunds provides innovative investment solutions for Canadians through the creation, distribution and management of high quality investment products. JovFunds manages and distributes in excess of $2.5 billion in client assets and is wholly owned by Jovian Capital Corporation.
About Jovian Capital Corporation (www.joviancapital.com)
Jovian acquires, creates and grows financial services companies specializing in wealth and asset management. The Jovian group of companies (MGI Securities Inc., MGI Securities (USA) Inc., Rice Financial Group Inc., BetaPro Management Inc., Horizons Funds Inc., JovFunds Management Inc., JovFunds Inc., JovInvestment Management Inc., Leon Frazer & Associates Inc., T.E. Wealth and Felcom Data Services Inc.) manages $16.0 billion of client assets ($6.5 billion in assets under management and $9.5 billion in assets under administration). Additional information is available at www.joviancapital.com and www.sedar.com
For further information: Don Sangster, Investor Relations, Jovian Capital Corporation, (416) 933-5744; or Steven Hawkins, Managing Partner, JovFunds Management Inc., (416) 601-2442
CO: CHARTERHOUSE PREFERRED SHARE INDEX CORPORATION ST: Ontario NI: FIN -0- Aug/11/2008 21:00 GMT