Brascan Adjustable Rate Trust I Announces New Monthly Distribution Date.TORONTO -- Brascan Adjustable Rate Adjustable rate Applies mainly to convertible securities. Refers to interest rate or dividend that is adjusted periodically, usually according to a standard market rate outside the control of the bank or savings institution, such as that prevailing on Treasury bonds or notes. Trust I (the "Fund") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BAO bao (pä·ö), n preciousness, one of the five virtues in Chinese medicine, for which po is responsible. See also po. BAO Basal Acid Output, see there .UN) is pleased to announce that a monthly distribution of $0.1198 per trust unit, representing an annual yield of 5.75% based on the issue price of $25.00 per trust unit. The distribution will be payable on April 13, 2006 to unitholders of record on March 31, 2006. Please note that the date for the payment of the distribution was changed from April 14th, which is a statutory holiday in Canada. Brascan Adjustable Rate Trust I is an investment trust established to provide unitholders with exposure to a portfolio primarily consisting of mortgage backed securities (MBS See Mb/sec. MBS - mobile broadband services ) with an actual or implied AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. rating. Brascan Adjustable Rate Management Ltd., an indirect wholly-owned subsidiary of Brookfield Asset Management  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Inc., is responsible for the management of the Fund. The Fund is listed on the TSX under the symbol BAO.UN. For further information, please visit our website at: www.brascanfunds.com. This news release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " and information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words "believe", "expect", "will" and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify forward-looking statements. Although Brascan Adjustable Rate Trust I believes that the anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those set forward in the forward-looking statements or information include: general economic conditions; changes in the Federal Reserve Bank's monetary policy; interest and exchange rates; and availability of mortgage backed securities for inclusion in the Fund's portfolio and other risks and factors described from time to time in the documents filed by the company with the securities regulators in Canada including Brascan Adjustable Rate Trust I Final Prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. under the section "Risk Factors" and in other sections of the Prospectus. Brascan Adjustable Rate Trust I (TSX:BAO.UN) |
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