Charterhouse Preferred Share Index Corporation Declares Quarterly Distribution



    TORONTO, Jan. 18 /CNW/ - Charterhouse Preferred Share Index Corporation
(the "Company") is pleased to announce a return of capital distribution of
$0.2398 per PSI Preferred Share ("Share") that will be paid in cash on
January 31, 2008 to holders of record at the close of business on January 29,
2008. This distribution covers the Company's fiscal second quarter ending
January 31, 2008 and equates to an annualized current yield of approximately
4.85 % based on the closing price of the Shares of $19.77 on January 17, 2008.

    Distributions paid by the Company vary from quarter to quarter as a
result of changes in the make up and weighting of the Index Portfolio, the
actual income received from securities underlying the Index Portfolio and
borrowing costs.





For further information:

For further information: Kevin S. Beatson, Chief Executive Officer,
kbeatson@jovfunds.com, Web site: www.jovfunds.com

Organization Profile

CHARTERHOUSE PREFERRED SHARE INDEX CORPORATION

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890