Sentry Select Capital Corp.

Sentry Select Capital Corp.

February 01, 2006 16:13 ET

Mutual Fund Shareholders of Sentry Select Canadian Resource Fund Ltd. Approve Creation of New Corporate Class Mutual Funds

TORONTO, ONTARIO--(CCNMatthews - Feb. 1, 2006) - Sentry Select Capital Corp. ("Sentry Select") is pleased to announce that at a special meeting held on January 30, 2006, the mutual fund shareholders of Sentry Select Canadian Resource Fund Ltd. (the "Corporation") approved changes to the Corporation that will permit the Corporation to offer additional corporate class mutual funds in the future.

The changes will now be put to the common shareholder for approval. It is anticipated that such approval will be given and once that has occurred, the necessary steps will be taken to change the name of the Corporation to Sentry Select Corporate Class Ltd., and to change the name of the existing resource fund to Sentry Select Canadian Resource Class.

Sentry Select is in the process of creating five additional corporate class funds within the Corporation. Once the new funds have been approved, investors will be able to convert shares of one corporate class fund into another on a tax-deferred basis. Sentry Select anticipates that the new funds will be available starting in March, 2006.

The Manager

Sentry Select Capital Corp. provides investment, administrative and marketing services to 22 exchange-listed closed-end funds, 16 of which have exposure to the income trust sector, 11 mutual funds, 8 principal-protected notes and 4 limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of December 31, 2005, the firm had approximately $8.5 billion in gross assets under management.



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)
    1 (888) 246-6656
    (416) 364-1197 (FAX)
    or
    Sentry Select Capital Corp.
    Brian McOstrich
    (media inquiries)
    1 (888) 246-6656
    (416) 364-1197 (FAX)
    or
    Sentry Select Capital Corp.
    Katherine Pawling
    (Corporate Secretary)
    1 (888) 246-6656
    (416) 364-1197 (FAX)
    info@sentryselect.com
    www.sentryselect.com