Brascan SoundVest Focused Business Trust Announces New Monthly Distribution Date.TORONTO -- Brascan SoundVest Focused Business Trust (the "Trust") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BSF BSF B lymphocyte stimulatory factor. .UN) is pleased to announce its monthly distribution of $0.0625 per trust unit that 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. The Fund is on track to meet its anticipated monthly distribution of $0.0625 per trust unit for the first twelve months of the Fund, representing an annual yield of 7.5% based on the issue price of $10.00 per trust unit. The Fund will thereafter annually determine and announce each December its anticipated monthly distribution amount for the following year. The Brascan SoundVest Focused Business Trust is an actively managed investment fund, whose investment objective is to provide unitholders of the Fund with a stable stream of monthly distributions, and maximize long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. total return to unitholders. The Fund is managed by a 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. The investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and and portfolio manager for the Fund is SoundVest Capital Management Ltd. ("SoundVest"), which is 50% owned by Brookfield Asset Management Inc. SoundVest is an established investment advisor, providing investment management services to pension funds, trusts and foundations. This news release contains forward looking information. Actual future results may differ materially. The risks, uncertainties and other factors that could influence actual results are described in the Brascan SoundVest Focused Business Trust prospectus and other documents filed with regulatory authorities Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities . Brascan SoundVest Focused Business Trust (TSX:BSF.UN) |
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