DBRS Discontinues Rating of Charterhouse Preferred Share Index Corp.
Split Shares & FundsDBRS has today discontinued the rating on the Preferred Shares issued by Charterhouse Preferred Share Index Corp. (the Company). On October 31, 2008, JovFunds Management Inc. announced that the Preferred Shareholders of the Company approved a special resolution to merge the Company into a newly formed open-ended mutual fund trust. The securities of the Company were de-listed from the Toronto Stock Exchange on January 23, 2009, and the merger was executed on January 30, 2009.
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The applicable methodology is Split Share Issuers: A Performance Overview, which can be found on our website under Methodologies.
This is a Structured Finance rating.
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