Unitholders Approve Proposed Combination of Brascan SoundVest Diversified Income Fund

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    • Jan 2009
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    Unitholders Approve Proposed Combination of Brascan SoundVest Diversified Income Fund

    TORONTO, ONTARIO -- (Marketwire) -- 12/15/09 -- Brookfield Investment Funds Management Inc., today announced that its previously announced proposal to combine three of its existing Funds into one Fund, to be named the Brookfield Soundvest Equity Fund, has been approved by the unitholders of each of the Funds at a joint meeting held today. The Funds to be combined are Brascan SoundVest Focused Business Trust (TSX: BSF.UN), Brascan SoundVest Total Return Fund (TSX: BST.UN), and Brascan SoundVest Diversified Income Fund (TSX: BSI.UN). The combination will also include amendments to the existing investment strategy and a change in Fund manager.

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