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

August 18, 2008 16:46 ET

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

TORONTO, ONTARIO--(Marketwire - Aug. 18, 2008) - Sentry Select Capital Corp. ("Sentry Select") is pleased to announce the August 2008 distribution amounts for the following principal-protected notes.



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Distribu- Distribu-
tion tions
amount Annual- per note
Issue (per $100 Record Payable ized since
Note date note) date date yield inception
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Bank of Montreal
Sentry Select
Canadian Income March Aug. Aug.
Deposit Notes, 17, 14, 15,
Series 1 (JHN601) 2006 $0.144917 2008 2008 1.7% $6.471587
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit March Aug. Aug.
Notes, Series 1 17, 14, 15,
(JHN602) 2006 $0.144917 2008 2008 1.7% $6.471587
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Bank of Montreal
Sentry Select
Canadian Income May Aug. Aug.
Deposit Notes, 17, 14, 15,
Series 2 (JHN603) 2006 $0.203427 2008 2008 2.4% $7.168704
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit May Aug. Aug.
Notes, Series 2 17, 14, 15,
(JHN604) 2006 $0.203427 2008 2008 2.4% $7.168704
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Bank of Montreal
Sentry Select
Canadian Income July Aug. Aug.
Deposit Notes, 19, 14, 15,
Series 3 (JHN605) 2006 $0.128983 2008 2008 1.5% $4.711909
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit July Aug. Aug.
Notes, Series 3 19, 14, 15,
(JHN606) 2006 $0.128983 2008 2008 1.5% $4.711909
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Bank of Montreal
Sentry Select
Canadian Income September Aug. Aug.
Deposit Notes, 20, 14, 15,
Series 4 (JHN607) 2006 $0.199109 2008 2008 2.4% $3.592642
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit September Aug. Aug.
Notes, Series 4 20, 14, 15,
(JHN608) 2006 $0.199109 2008 2008 2.4% $3.592642
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Bank of Montreal
Sentry Select
Canadian Income October Aug. Aug.
Deposit Notes, 31, 14, 15,
Series 5 (JHN609) 2006 $0.261508 2008 2008 3.1% $6.702916
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit October Aug. Aug.
Notes, Series 5 31, 14, 15,
(JHN610) 2006 $0.261508 2008 2008 3.1% $6.702916
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Bank of Montreal
Sentry Select
Canadian Income December Aug. Aug.
Deposit Notes, 20, 14, 15,
Series 6 (JHN612) 2006 $0.529900 2008 2008 6.4% $9.152555
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit December Aug. Aug.
Notes, Series 6 20, 14, 15,
(JHN613) 2006 $0.529900 2008 2008, 6.4% $9.152555
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Bank of Montreal
Sentry Select
Canadian Income March Aug. Aug.
Deposit Notes, 14, 14, 15,
Series 7 (JHN614) 2007 $0.539843 2008 2008 6.5% $8.220555
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit March Aug. Aug.
Notes, Series 7 14, 14, 15,
(JHN615) 2007 $0.539843 2008 2008 6.5% $8.220555
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Bank of Montreal
Sentry Select
Canadian Income Sept. Aug. Aug.
Deposit Notes, 19, 14, 15,
Series 8 (JHN627) 2007 $0.527835 2008 2008 6.3% $4.489236
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit Sept. Aug. Aug.
Notes, Series 8 19, 14, 15,
(JHN628) 2007 $0.527835 2008 2008 6.3% $4.489236
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Bank of Montreal
Sentry Select
Canadian Income Nov. Aug. Aug.
Deposit Notes, 14, 14, 15,
Series 9 (JHN630) 2007 $0.554190 2008 2008 6.7% $3.955912
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit Nov. Aug. Aug.
Notes, Series 9 14, 14, 15,
(JHN631) 2007 $0.554190 2008 2008 6.7% $3.955912
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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 Chief Investment Officer, 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.

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 Capital Corp. is a Canadian wealth management company that manages over $6 billion in gross assets as of June 30, 2008. 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.

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.



Sentry Select Capital Corp.
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
    (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