Brascan SoundVest Funds Announce Monthly Distributions

Toronto, July 22, 2008: Brascan SoundVest Funds today announced monthly distributions for the following funds:

 

Fund

 

Ticker (TSX)

 

Distribution (per unit)

 

Record Date

 

Payable Date

Annualized Yield
(at June 18, 2008)

 

 

 

 

 

 

Brascan SoundVest Diversified Income Fund

BSI.UN

$0.079

July 31, 2008

August 15, 2008

9.7%

Brascan SoundVest Total Return Fund

BST.UN

$0.0625

July 31, 2008

August 15, 2008

8.5%

Brascan SoundVest Rising Distribution Split Trust

BSD.UN

$0.084

July 31, 2008

August 15, 2008

17.2%

Brascan SoundVest Focused Business Trust

BSF.UN

$0.065

July 31, 2008

August 15, 2008

12.4%

Unitholders of Brascan SoundVest Diversified Income Fund may elect to automatically reinvest monthly distributions in additional units of the Fund through the Fund’s Distribution Reinvestment Plan (the “Plan”). Participants in the Plan may also purchase additional units of the Fund for cash. The optional cash purchases require a minimum of $100 per payment. To enroll in the plan, please contact your investment advisor.

Brascan SoundVest Funds are dedicated to providing high-quality investment funds to retail investors. These funds bring together innovative structures with top tier investment advisors to give investors access to tax-advantaged distributions while focusing on capital preservation and long-term total return. The investment advisor and portfolio manager for the Funds is Brookfield SoundVest Capital Management Ltd., which is 50% owned by Brookfield Asset Management Inc. Brookfield SoundVest is an established investment advisor, providing investment management services to pension funds, trusts, foundations and high net worth individuals.

For further information please visit our website at www.brookfieldfunds.com or contact:

Zev Korman
Director, Investor Relations and Communications - Public Funds
Tel: 416-359-1955
Email: zkorman@brookfield.com

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This news release contains 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 Funds prospectuses and other documents filed with regulatory authorities.