Sentry Select Capital Corp.

Sentry Select Capital Corp.
Sentry Select Rogers International Commodity Index Principal

November 01, 2007 15:19 ET

Sentry Select Rogers International Commodity Index Principal-Protected Notes Announce Anniversary Payment

TORONTO, ONTARIO--(Marketwire - Nov. 1, 2007) - Sentry Select Capital Corp. ("Sentry Select") is pleased to announce the anniversary payment for Sentry Select Rogers International Commodity Index Principal-Protected Notes, Series 1 (the "Notes"). The payment of $2.31 per Note will be made on November 2, 2007 to investors of record on October 26, 2007. The amount represents a yield of 2.31% based on the issue price of $100.00 per note on October 28, 2005.

The Notes

Sentry Select Rogers International Commodity Index Principal-Protected Notes, Series 1 are deposit notes, issued by National Bank of Canada. The performance of the Notes is linked to the appreciation of (i) a portfolio of commodities managed by Diapason Commodities Management SA with the objective to replicate the performance of the Rogers International Commodity Index™ (RICI) and (ii) certain fixed-income and/or money-market instruments (the "Benchmark Portfolio").

Annual income

On each anniversary date of the issuance of the Notes, subject to certain conditions, investors may be entitled to receive an amount per Note equal to (i) the sum of, for each day of that year, the Canadian overnight financing rate of the Bank of Canada, less 0.50%, divided by 365, multiplied by a specified amount of cash or cash equivalent instruments held in the Benchmark Portfolio for that day, (ii) divided by the number of Notes outstanding. If the value of the Benchmark Portfolio becomes equal to or less than a specified level, no amount will be paid to the investors on any anniversary date of the Notes.

Sentry Select Capital Corp.

Sentry Select is a Canadian wealth management company that manages approximately $8 billion in gross assets as of September 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. With 29 reporting issuers, Sentry Select is the manager and/or advisor to more Toronto Stock Exchange-listed entities than any other investment manager. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.

The Notes are not sponsored, endorsed, sold or promoted by James Beeland Rogers, Jim Rogers or Beeland Interests Inc. (collectively "Beeland") or Diapason Commodities Management SA ("Diapason"). Beeland and Diapason make no representation or warranty, express or implied, to investors in the Notes or any potential investor, governmental authority, or any member of the public, regarding the advisability of investing in securities or commodities generally, or in the Notes or futures particularly. "Jim Rogers", "Rogers International Commodity Index", "RICI" are trademarks and service marks owned by Beeland.

Diapason Commodities Management SA is a limited partnership and commodity operator whose main mandate is to promote and distribute products designed around the Rogers International Commodity Index™. Diapason is owned by its management, who are experienced professionals in the fields of asset management, commodity markets, futures and options trading and it is managing in excess of 1.1 billion Euros in assets.

"Jim Rogers", "James Beeland Rogers", "Rogers", "Rogers International Commodity Index", and "RICI" are trademarks and service marks of Beeland Interests, Inc., which is owned and controlled by James Beeland Rogers, Jr., and are used subject to license. The name and likeness of Jim Rogers/James Beeland Rogers are trademarks and service marks of James Beeland Rogers, Jr.

"Sentry Select Rogers International Commodity Index Principal-Protected Notes are not and will not be offered or sold in the United States to or for the account of U.S. Persons as defined by U.S. securities laws. Each purchaser of the Notes will be asked to certify that such purchaser is not a U.S. Person, is not receiving the Notes in the United States, and is not acquiring the Notes for the benefit of a U.S. Person."

This news release contains forward-looking statements that involve risks and uncertainties. These statements reflect Sentry Select's current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.



The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-5615

Contact Information

  • Sentry Select Capital Corp.
    Investor Services
    (broker/investor inquiries)
    1-888-246-6656
    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