Sentry Select Capital Corp.

Sentry Select Capital Corp.
Bank of Montreal Sentry Select Canadian Income Deposit Notes

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes

January 15, 2008 17:13 ET

Sentry Select Capital Corp. Announces January 2008 Distributions for Principal-Protected Notes

TORONTO, ONTARIO--(Marketwire - Jan. 15, 2008) - Sentry Select Capital Corp. ("Sentry Select") is pleased to announce the January 2008 distribution amounts for the following principal-protected notes.



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Distri- Distribu-
bution tions
amount Annua- per note
Issue (per $100 Record Payable lized since
Note date note) date date yield inception
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, March 17, Jan. 14, Jan. 15,
Series 1 (JHN601) 2006 $0.163009 2008 2008 2.0% $5.534618
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Series 1 (JHN601)
Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 1 March 17, Jan. 14, Jan. 15,
(JHN602) 2006 $0.163009 2008 2008 2.0% $5.534618
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, May 17, Jan. 14, Jan. 15,
Series 2 (JHN603) 2006 $0.215644 2008 2008 2.6% $5.856578
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 2 May 17, Jan. 14, Jan. 15,
(JHN604) 2006 $0.215644 2008 2008 2.6% $5.856578
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, July 19, Jan. 14, Jan. 15,
Series 3 (JHN605) 2006 $0.166993 2008 2008 2.0% $3.794432
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 3 July 19, Jan. 14, Jan. 15,
(JHN606) 2006 $0.166993 2008 2008 2.0% $3.794432
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, September Jan. 14, Jan. 15,
Series 4 (JHN607) 20, 2006 $0.172187 2008 2008 2.1% $3.468341
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 4 September Jan. 14, Jan. 15,
(JHN608) 20, 2006 $0.172187 2008 2008 2.1% $3.468341
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, October Jan. 14, Jan. 15,
Series 5 (JHN609) 31, 2006 $0.314223 2008 2008 3.8% $4.902990
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 5 October Jan. 14, Jan. 15,
(JHN610) 31, 2006 $0.314223 2008 2008 3.8% $4.902990
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, December Jan. 14, Jan. 15,
Series 6 (JHN612) 20, 2006 $0.466299 2008 2008 5.6% $6.113591
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 6 December Jan. 14, Jan. 15,
(JHN613) 20, 2006 $0.466299 2008 2008 5.6% $6.113591
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, March 14, Jan. 14, Jan. 15,
Series 7 (JHN614) 2007 $0.472856 2008 2008 5.7% $4.890445
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 7 March 14, Jan. 14, Jan. 15,
(JHN615) 2007 $0.472856 2008 2008 5.7% $4.890445
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, Sept. 19, Jan. 14, Jan. 15,
Series 8 (JHN627) 2007 $0.464794 2008 2008 5.6% $1.466631
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 8 Sept. 19, Jan. 14, Jan. 15,
(JHN628) 2007 $0.464794 2008 2008 5.6% $1.466631
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, Nov. 14, Jan. 14, Jan. 15,
Series 9 (JHN630) 2007 $0.475411 2008 2008 5.7% $0.475411
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit
Notes, Series 9 Nov. 14, Jan. 14, Jan. 15,
(JHN631) 2007 $0.475411 2008 2008 5.7% $0.475411
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Bank of Montreal
Sentry Select
Global Dividend
Growth Notes,
R.O.C. Class, June 6, Jan. 14, Jan. 15,
Series 1 (JHN618) 2007 $1.250000 2008 2008 5.0% $2.500000
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Bank of Montreal
Sentry Select
Global Dividend
Growth Notes,
R.O.C. Class, Aug. 1, Jan. 14, Jan. 15,
Series 2 (JHN620) 2007 $1.250000 2008 2008 5.0% $1.250000
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Bank of Montreal
Sentry Select
Global Dividend
Growth Notes,
R.O.C. Class, Sept. 19, Jan. 14, Jan. 15,
Series 3 (JHN622) 2007 $1.250000 2008 2008 5.0% $1.250000
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Deposit Notes

Bank of Montreal Sentry Select Canadian Income Deposit Notes and Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes (collectively, the "Deposit Notes") are deposit notes, issued by Bank of Montreal. The performance of the Deposit Notes is linked to the appreciation of a basket comprised of (i) an income trust portfolio managed by Sandy McIntyre, Senior Vice-President and Senior Portfolio Manager, Sentry Select ("Income Portfolio"), and (ii) a notional bond portfolio (collectively, the "Basket"). The Income Portfolio is designed primarily to replicate the performance of Sentry Select Canadian Income Fund, as set out in the Information Statement.

Global Dividend Growth Notes

Bank of Montreal Sentry Select Global Dividend Growth Notes R.O.C. Class™, Series 1, 2 and 3 are Deposit Notes, issued by Bank of Montreal. The performance of the Notes is based on the return of a basket of assets comprised of a portfolio of global dividend-paying equities (the "Portfolio") and a Notional Bond Portfolio. The Portfolio is comprised of 20 equally weighted diversified equities and is adjusted quarterly by the Manager in accordance with investment guidelines, strategies, criteria and restrictions described in the Information Statements.

Future distributions

Bank of Montreal will pay to each holder distributions in an amount equal to 75% of all distributions, if any, received on the Income Portfolio component of the Basket. The allocation of the Income Portfolio to the Basket may be more or less than 100% and distributions paid in respect of the Income Portfolio will fluctuate from month to month. There is no guarantee that the investment manager or the individual income funds will be able to maintain their levels of distribution or that the Income Portfolio will make any distribution.

Website

To find out more about the Deposit Notes, net asset values and investment objectives, please visit www.sentryselect.com.

Sentry Select Capital Corp.

Sentry Select is a Canadian wealth management company that manages approximately $8 billion in gross assets as of December 31, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. Sentry Select is the manager and/or advisor to 30 Toronto Stock Exchange-listed reporting issuers. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.

Disclosure of how variable interest (if any) on the Deposit Notes is calculated is contained in the related Information Statement. This release is issued for information purposes only and does not constitute an offer to sell or a solicitation to purchase the Deposit Notes. The prices, value and/or income the Deposit Notes produce may fluctuate and/or be adversely affected by a number of factors. The distributions on the units in the Portfolio will directly impact the amount of principal repaid in the case of the R.O.C. Canadian Income Deposit Notes, and interest paid, in the case of the Canadian Income Deposit Notes, in any year prior to maturity. The fluctuation of the value of the Portfolio will directly impact the return, if any, on the Deposit Notes at maturity. In addition, the return payable at maturity on the R.O.C. Deposit Notes, if any, will be reduced by a percentage of the amounts you receive prior to maturity pursuant to a formula set out in the related Information Statement.



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Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4


Contact Information

  • Sentry Select Capital Corp.
    Investor Services
    (broker/investor inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    or
    Sentry Select Capital Corp.
    Kinga Lam
    (media inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    Email: info@sentryselect.com
    Website: www.sentryselect.com