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:

For further information: Don Sangster, Investor Relations, Jovian
Capital Corporation, (416) 933-5744; or Steven Hawkins, Managing Partner,
JovFunds Management Inc., (416) 601-2442

Organization Profile

JOVFUNDS MANAGEMENT INC.

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Jovian Capital Corporation

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