Sentry Select Diversified Income Trust

June 06, 2007 16:54 ET

Sentry Select Diversified Income Trust (TSX:SDT.UN) Announces Special Distribution of $0.10 per Unit

TORONTO, ONTARIO--(Marketwire - June 6, 2007) - Sentry Select Capital Corp. is pleased to announce that Sentry Select Diversified Income Trust (the "Trust")(TSX:SDT.UN) will make a special distribution of $0.10 per unit, in addition to the regular distribution of $0.045 per unit, to unitholders of record at the close of business (Toronto time) on June 29, 2007. The distributions will be payable on July 6, 2007.

Sentry Select Diversified Income Trust

Sentry Select Diversified Income Trust is a closed-end trust that aims to maximize distributions to unitholders by investing primarily in a broad range of royalty and income trusts, real estate investment trusts and other high-yielding securities.

Trading information and NAV

Sentry Select Diversified Income Trust units trade on the Toronto Stock Exchange ("TSX") under the symbol SDT.UN. As of June 5, 2007, the Trust's closing price on the TSX was $5.45 per unit and the most recent net asset value as of May 31, 2007 was $5.79 per unit.

Distribution reinvestment plan

The Trust offers a distribution reinvestment plan whereby residents of Canada may elect to have their cash distributions reinvested in additional units of the Trust.

Future distributions

The distributions are based upon the current make-up of the Trust's portfolio and the indicated distribution policies of the income funds in the portfolio. If the make-up of the portfolio changes or if such income funds make distributions other than in accordance with their indicated policies, the actual monthly distributions could change.

Sentry Select Capital Corp.

Sentry Select Capital Corp. is a Canadian wealth management company that manages over $8 billion in gross assets as of April 30, 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 provides management and advisory services to 32 exchange-listed entities.

The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4

Contact Information

  • Sentry Select Capital Corp.
    Investor Services
    (broker/investor inquiries)
    Sentry Select Capital Corp.
    Kinga Lam
    (media inquiries)
    (416) 364-1197 (FAX)