SOURCE: Sentry Investments

Sentry Investments

April 04, 2016 15:02 ET

Sentry Investments finalizes simplification of its mutual fund series

TORONTO, ON--(Marketwired - April 04, 2016) - As previously announced in a press release on March 24, 2016, Sentry Investments Inc. ("Sentry") is pleased to inform that the simplification of its mutual fund series is now in place.

The number of series offered has been simplified in order to make it easier for advisors and investors to invest with Sentry. Sentry funds are now available in Series A, B, F, I and O, and the fixed-rate distribution equivalent, where offered.

In connection with our series simplification, the following series re-designations (collectively, the "Series Re-designations") took effect earlier today:

  • Investors in Series A of a fund, who purchased or hold this series under either the deferred sales charge option, low load sales charge option or low load 2 sales charge option (each, a "Deferred Sales Charge Option") now own Series B of the same fund under the same Deferred Sales Charge Option as their original Series A securities.
  • Investors in Series T4, T5, T6, T7 or T8 (collectively, "Series T"), who purchased or held these series of a fund under a Deferred Sales Charge Option, now own Series B4, B5, B6, B7 or B8 (collectively, "Series BT") of the same fund under the same Deferred Sales Charge Option as their original Series T.
  • Investors in Series P or PF of a fund now own Series A or F, as applicable, of the same fund.
  • Investors in Series P8 or PF8 now own Series T8 or FT8, as applicable, of the same fund.

None of the Series Re-designations noted above result in a taxable event for investors and will not impact the management of the funds.

Also effective today, Sentry has replaced the management fee rebates for investments under $100,000 implemented earlier this year for Series A and T under the front-end option with actual management fee reductions with respect to these series. Investors with balances of $100,000 or more in these series will still receive preferred pricing discounts in the form of management fee rebates.

For further information, please contact Sentry Client Services at 1-888-698-5553 or visit www.sentry.ca.

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.

Contact Information

  • Sentry Investments Inc.
    Commerce Court West
    199 Bay Street, Suite 2700
    P.O. Box 108
    Toronto, ON M5L 1E2

    Sentry Investments
    Investor Relations (broker/investor inquiries)
    1-888-698-5553 or 416-506-8429
    1-800-406-6596 (FAX)