Brascan SoundVest Rising Distribution Split Trust Announces Quarterly Distribution For Preferred Securities And Monthly Distribution For Capital Units.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Brascan SoundVest Rising Distribution Split Trust (the "Trust") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BSD (Berkeley Software Distribution) The software distribution facility of the Computer Systems Research Group (CSRG) of the University of California at Berkeley. .PR.A) is pleased to announce its quarterly distribution of $0.15 per Preferred Security, payable on March 15, 2006 to securityholders of record on February 28, 2006. Capital Unit Distributions The Fund also announced its monthly distribution of $0.1125 per Capital unit (TSX:BSD.UN), payable on March 15, 2006 to unitholders of record on February 28, 2006. The Trust is on track to meet its anticipated monthly distribution of $0.1125 per Capital unit for the first nine months of the Trust, representing an annual yield of 9% based on the issue price of $15.00 per Capital unit. The Trust will thereafter annually determine and announce each December its anticipated monthly distribution for the following year. The Brascan SoundVest Rising Distribution Split Trust is a portfolio of select income trusts that have a demonstrated record of increasing distributions, or 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 believes has the potential to increase distributions. The Trust has a dual security structure consisting of capital units and preferred securities. The Trust is managed by a subsidiary of Brascan Asset Management Inc. The investment advisor and portfolio manager for the Trust is SoundVest Capital Management Ltd. ("SoundVest"), which is 50% owned by 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. SoundVest is an established investment advisor, providing investment management services to pension funds, trusts and foundations. This news release may contain 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 Rising Distribution Split Trust Fund 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 Rising Distribution Split Trust (TSX:BSD.PR.A) (TSX:BSD.UN) |
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