Announces the Results of the Adjourned Special Meeting of Preferred Shareholders
TORONTO, Oct. 31 /CNW/ - JovFunds Management Inc. ("JovFunds"), the manager of
Charterhouse Preferred Share Index Corporation ("Charterhouse"), announces that
the adjourned special meeting of the preferred shareholders of Charterhouse was
held on October 30, 2008.
Preferred shareholders of Charterhouse approved a special resolution to merge
Charterhouse into a newly formed open-ended mutual fund trust and, in the event
the merger is implemented, suspend the annual retraction of preferred shares or
payment of annual retraction proceeds. Preferred shareholders of Charterhouse
also approved a special resolution to amend the articles of incorporation of
Charterhouse to permit it to suspend the annual retraction of preferred shares
or payment of retraction proceeds if, prior to the scheduled annual redemption
date, the board of directors elects to redeem all outstanding preferred shares
of Charterhouse in connection with the orderly liquidation of Charterhouse.
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 $2.2 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 $14.0 billion of client assets ($6.0 billion
in assets under management and $8.0 billion in assets under administration).
Additional information is available at www.joviancapital.com and www.sedar.com.
For further information: Steven Hawkins, Managing Partner, JovFunds Management
Inc., (416) 601-2442; or Don Sangster, Investor Relations, Jovian Capital
Corporation, (416) 933-5744
CO: Charterhouse Preferred Share Index Corporation
-0- Oct/31/2008 16:13 GMT
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