2009-11-19 22:46:02 -

TORONTO, ONTARIO -- (Marketwire) -- 11/19/09 -- Brascan SoundVest Funds (TSX: BSI.UN)(TSX: BST.UN)(TSX: BSD.UN)(TSX: BSD.PR.A)(TSX: BSF.UN) today announced monthly distributions and quarterly preferred interest payment for the following funds:

----------------------------------------------------------------------------


                        Ticker   Distribution     Record         Payable
Fund                     (TSX)    (per unit)       Date           Date
----------------------------------------------------------------------------
Brascan SoundVest
 Diversified Income     BSI.UN      $0.042     November 30,   December 15,
 Fund                                              2009           2009
----------------------------------------------------------------------------
Brascan SoundVest Total                        November 30,   December 15,
 Return Fund            BST.UN      $0.028         2009           2009
----------------------------------------------------------------------------
Brascan SoundVest
 Rising Distribution
 Split Trust          BSD.PR.A     $0.15      November 30,   December 15,
 (quarterly                                       2009           2009
 preferred interest
 payment)
----------------------------------------------------------------------------
Brascan SoundVest
 Rising Distribution    BSD.UN       $nil        See below      See below
 Split Trust
----------------------------------------------------------------------------
Brascan SoundVest                              November 30,   December 15,
 Focused Business Trust BSF.UN      $0.027         2009           2009
----------------------------------------------------------------------------

The monthly distribution on the Capital Units of the Brascan SoundVest Rising Distribution Split Trust (the "Trust") has been suspended for the current month, as the Trust's net asset value is below the required 1.4 times asset coverage ratio. In addition, and as previously disclosed, the annual redemption rights attributable to the Capital Units and the Preferred Shares of the Trust have been temporarily suspended until such time that the Trust is able to maintain a 1.4 times asset coverage ratio. The Trust will continue to monitor its net asset value to determine when it will be able to make future distributions on its Capital Units and resume the annual redemption privilege. The quarterly distributions payable on the Trust's Preferred Shares continue to be unaffected by these announcements.



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 : .



Note: This news release contains forward-looking information within the meaning of Canadian provincial securities laws. The words "may", "will", "continue", "resume" and other expressions, which are predictions of, or indicate, future events, trends or prospects and which do not relate to historical matters, identify the below mentioned and other forward-looking statements. Forward-looking statements in this news release include statements regarding resumption of the temporarily suspended annual redemption privilege in respect of the Brascan SoundVest Rising Distribution Split Trust (the "Trust") and payment of future monthly distributions in respect of Capital Units of the Trust. Although the Manager believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. The future performance and prospects of the Brascan SoundVest Funds are subject to a number of known and unknown risks and uncertainties. Factors that could cause actual results of the Brascan SoundVest Funds to differ materially from those contemplated or implied by the statements in this news release include general economic conditions in Canada and elsewhere, changes in legislation including tax laws and regulations and other risks and factors described in the documents filed by the Manager with the securities regulators in Canada including under "Risk Factors" and other risks and factors described in the continuous disclosure documents of the applicable Brascan SoundVest Fund including the applicable fund's prospectus and the applicable fund's most recently filed Management Report of Fund Performance and Annual Information Form available at www.sedar.com : or www.brookfieldfunds.com : . Except as required by law, the Manager undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

Contacts:
Investor Relations
(888) 777-4019
inquiries@brookfieldfunds.com :