Proceeds to be distributed to unitholders
JovInvestment Management Inc. to replace JovFunds Management Inc.
Triasima replaces Fiduciary Trust
Decision allows the fund time to achieve liquidity for its pending annual redemption
Affiliates to take over management duties
Fund to be renamed and converted to open-ended mutual fund trust
JovFunds terminates CMDF management contracts
The arrangement agreement between Allen-Vanguard Corp. and Tailwind Financial Inc., a special purpose acquisition company in which Jovian Capital Corp. has an indirect interest, will not be pursued, Jovian said Monday.Jovian subsidiary JovFunds Management Inc. owns 44% of Parkwood Holdings Ltd., which has an indirect interest in Tailwind. JovFunds’ total investment in Tailwind, including directly-held […]
The exchange of preferred shares of Charterhouse Preferred Share Index Corp. for Class A units of Jov Leon Frazer Preferred Equity Fund was completed at the close of business on Jan. 30, JovFunds Management Inc. said Monday.Preferred shareholders of Charterhouse will receive 1.70389 units of the Class A units of the fund for each preferred […]
The securities of Charterhouse Preferred Share Index Corp. will be delisted from the Toronto Stock Exchange at the close of business on Jan. 23 so that the merger of the corporation into Jov Leon Frazer Preferred Equity Fund may proceed, JovFunds Management Inc. announced Monday.The proposed merger was previously announced on Nov. 12, 2008. Jov […]