Changes to Brascan SoundVest Rising Distribution Split Trust Completed

Collapse
This topic is closed.
X
X
 
  • Time
  • Show
Clear All
new posts
  • RSS Robot
    I post the news

    1,000+ Posts
    • Jan 2009
    • 2451

    #1

    Changes to Brascan SoundVest Rising Distribution Split Trust Completed

    TORONTO, ONTARIO -- (Marketwire) -- 04/30/10 -- Brookfield Soundvest Capital Management Ltd. today announced the completion of the previously announced changes to Brascan SoundVest Rising Distribution Split Trust (the "Fund") (TSX: BSD.UN)(TSX: BSD.PR.A) effective April 30, 2010. These changes were approved at a special meeting of unitholders of the Fund held on April 20, 2010.The investment strategy of the Fund was expanded to allow investment in a broader set of primarily high yielding equity securities. This change permits the Fund to invest in a broader range of securities to off-set the reduction in the number of income trust investments

    More...
Working...