Brascan SoundVest Rising Distribution Split Trust
TSX : BSD.PR.A
TSX : BSD.UN

Brascan SoundVest Rising Distribution Split Trust

February 20, 2007 16:35 ET

Brascan SoundVest Rising Distribution Split Trust Announces Quarterly Distribution for Preferred Securities

TORONTO, ONTARIO--(CCNMatthews - Feb. 20, 2007) - Brascan SoundVest Rising Distribution Split Trust (the "Trust") (TSX:BSD.UN)(TSX:BSD.PR.A) is pleased to announce its quarterly distribution of $0.15 per Preferred Security (TSX:BSD.PR.A) will be payable on March 15, 2007 to securityholders of record on February 28, 2007.

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 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 Brookfield 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 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.

Contact Information

  • Brascan SoundVest Rising Distribution Split Trust
    Tracey Wise, Director, Investor Relations
    and Communications, Retail Funds
    (416) 956-5154 or Toll Free: 1-888-777-4019
    Email: twise@brookfield.com
    Website: www.brookfieldfunds.com