Brascan SoundVest Rising Distribution Split Trust Announces Results of Annual Redemption.TORONTO -- Brascan SoundVest Rising Distribution Split Trust (the "Trust") today announced that it received redemption requests for a total of 527,659 trust units (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. .UN). Unitholders who have submitted units for redemption are entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to receive an amount equal to the Net Asset Value per combined unit as of November 30, 2005 less any costs associated with the redemption, including the costs associated with acquiring a preferred security if the trust unit was submitted without a corresponding preferred security. The redemptions are payable on December 21, 2005. 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. 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 . |
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