JovFunds Management Inc. completes the merger of Nuveen Senior Floating Rate Income Fund into Fairway Diversified Income and Growth Trust (FDT.UN)



    TORONTO, Sept. 15 /CNW/ - JovFunds Management Inc. ("JovFunds"), the
manager of Nuveen Senior Floating Rate Income Fund ("Nuveen"), announces that
it has completed the merger of Nuveen into Fairway Diversified Income and
Growth Trust ("Fairway Diversified") on September 12, 2008. Prior to the
merger, Nuveen traded on the TSX under the trade symbol FSL.UN.
    Based on the net asset value of the units of Nuveen and Fairway
Diversified as at the close of business on September 12, 2008, unitholders of
Nuveen received 0.6505376836 units of Fairway Diversified for each unit of
Nuveen held.

    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 $15.0 billion of client
assets ($6.0 billion in assets under management and $9.0 billion in assets
under administration). Additional information is available at
www.joviancapital.com and www.sedar.com.





For further information:

For further information: Steven Hawkins, Managing Partner, JovFunds
Management Inc., (416) 601-2442

Organization Profile

JOVFUNDS MANAGEMENT INC.

More on this organization

Jovian Capital 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