Business News • MarketWire • Brookfield Soundvest Equity Fund Monthly Distribution Announcement |
Brookfield Soundvest Equity Fund Monthly Distribution Announcement |
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Brookfield Soundvest Equity Fund Monthly Distribution Announcement
TORONTO, ONTARIO--(Marketwire - Jan. 20, 2010) - Brookfield Soundvest Equity Fund (the "Fund") (TSX:BSE.UN) announced today that a distribution of $0.025 per unit will be payable on February 15, 2010 to unitholders of record of the Fund on January 29, 2010.
This is the first monthly distribution of the Fund which was formed on January 1, 2010 by the merger of the Brascan SoundVest Total Return Fund and Brascan SoundVest Diversified Income Fund into Brascan SoundVest Focused Business Trust as approved at a special meeting of unitholders of the three funds on December 15, 2009. The distribution reflects a current annualized rate of $0.30 per unit per annum. This anticipated distribution reflects prevailing market conditions and the Fund's estimate of distributable cash flow for the year.
View More : http://www.marketwire.com/mw/release.do?id=1104937&sourceType=3
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