Charterhouse Preferred Share Index Corporation (PFD.PR.A)

Announces Intention To Proceed With Open-End Mutual Fund Merger 
TORONTO, Nov. 12 /CNW/ - JovFunds Management Inc. ("JovFunds"), the manager of 
Charterhouse Preferred Share Index Corporation ("Charterhouse"), is pleased to 
announce today its intention to proceed with a merger of Charterhouse into a 
new open-end mutual fund trust (the "Merger"). The primary investment objective 
of the new fund will be to generate high dividend income while protecting 
capital by investing primarily in preferred shares of Canadian companies and 
other income generating securities. 
The Merger is expected to be completed within 90 days and is subject to all 
required regulatory and third party approvals. JovFunds has the authority to 
delay or terminate the proposed Merger if it determines that it would be 
necessary or desirable to do so, including if holders of a significant 
percentage of preferred shareholders of Charterhouse elect to exercise the 
annual retraction right prior to the November 15, 2008 deadline. 
"We are excited with the prospect of proceeding with this merger and the 
opportunity to open this innovative fund to new investors", said Steve Hawkins, 
President of Charterhouse and Managing Partner of JovFunds. 
About JovFunds Management Inc. ( 
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 ( 
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 and 
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
ST: Ontario
-0- Nov/12/2008 22:24 GMT
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