Sentry Investments appoints Gaelen Morphet as Chief Investment Officer

TORONTO, ON--(Marketwired - August 15, 2016) - Sentry Investments ("Sentry") is pleased to announce that Gaelen Morphet has joined Sentry as Chief Investment Officer, replacing Sandy McIntyre in this role. Sandy will remain actively involved at Sentry, providing guidance and input on business and investment strategy as an executive and as Vice-Chairman of the Board.

"From an investment management perspective, Gaelen shares our values around buying great businesses as opposed to speculating on stocks," said Sandy McIntyre, Vice-Chairman and Director, Sentry Investments. "She is also committed to our steadfast discipline regarding valuation, capital allocation and downside protection."

"Gaelen's appointment represents both a passing of the torch and an opportunity for continuity," said Sean Driscoll, Chief Executive Officer, Sentry Investments. "We have built a strong reputation around the Sentry house style and our ability to apply it consistently across our fund family. Gaelen also has demonstrated a continuity of approach across mandates and shares a commitment to our disciplined investment process. She has the leadership, reputation and experience to help guide and mentor Sentry's investment department in the years ahead."

Gaelen Morphet is well known and highly regarded within, and beyond, the investment industry. Throughout her 32‐year career, she has held senior positions at notable investment companies and most recently was Senior Vice-President and Chief Investment Officer at a major Canadian insurance company. Beyond the financial industry, Gaelen is community-minded; she is a member of the Board of Trustees for the AGO Foundation, the Ontario Science Centre and the Ontario Arts Foundation, and is involved in other community organizations. Gaelen holds the Chartered Financial Analyst (CFA) designation and is a graduate of Western University.

"I was attracted to Sentry because of its talented investment team, unique and superior product line-up, and dedication to delivering strong risk-adjusted returns. I have an affinity with what the Sentry brand stands for," said Gaelen Morphet. "As an investment professional, a firm's investment philosophy and client focus is paramount to me, and Sentry has built a strong reputation for both. I am excited to join the team and look forward to growing with the firm."

In addition to her duties as Chief Investment Officer, Gaelen will also assume asset-allocation responsibilities, alongside Chief Investment Strategist and Senior Portfolio Manager James Dutkiewicz, for the Personal Pension Portfolios and select Real Income™ Solutions.

SENTRY INVESTMENTS INC.

Sentry Investments was founded in 1997 and is one of Canada's fastest-growing independent asset management companies. Sentry manages over $18 billion in assets on behalf of more than 500,000 Canadian investors. Sentry offers a diverse range of award-winning investment products, available through financial advisors, including domestic and global mutual funds, and separately managed accounts.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect," "intend," "will" and similar expressions to the extent they relate to Sentry. The forward-looking statements are not historical facts but reflect Sentry's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Sentry believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements. Sentry undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law. For a complete disclosure record of the Personal Pension Portfolios and Real Income Solutions, please visit their respective profiles at www.sedar.com.