Sentry Select Capital Corp.

Alliance Split Income Trust Capital Units
TSX : ASI.UN

Alliance Split Income Trust Capital Units
Alliance Split Income Trust Preferred Units
TSX : ASI.PR.A

Diversified Income Trust II
TSX : DTT.UN

Mortgage Backed Securities Trust ($C)
TSX : MF.UN

Mortgage Backed Securities Trust ($US)
TSX : MF.U

MULTI SELECT INCOME TRUST CAPITAL UNITS
TSX : MST.UN

Multi Select Income Trust Preferred Units
TSX : MST.PR.A

MBS Adjustable Rate Income Fund
TSX : MTF.UN

Pro-Vest Growth & Income Fund
TSX : PRG.UN

Premier Value Income Trust
TSX : PVN.UN

Select 50 S-1 Income Trust
TSX : SON.UN

Select 50 S-1 Income Trust II
TSX : SDE.UN

SENTRY SELECT FOCUSED GROWTH & INCOME TRUST
TSX : SFG.UN

COMMERCIAL AND INDUSTRIAL SECURITIES INCOME TRUST
TSX : COI.UN

Sentry Select MBS Adjustable Rate Income Fund II
TSX : MGS.UN

June 15, 2005 16:56 ET

Sentry Select Capital Corp. Announces June 2005 Distributions for Income Trusts

TORONTO, ONTARIO--(CCNMatthews - June 15, 2005) - Sentry Select Capital Corp. is pleased to announce the June 2005 distribution amounts for the following income trusts.



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Trust Trading Distri- Record Pay- Distri- TSX Annual-
symbol bution date able bution trad- ized
amount date amount ing trail-
(per annual- price ing
unit) ized per yield
unit
as at
June
13,
2005
---------------------------------------------------------------------
Alliance Split ASI.UN $0.1125 June July $1.35 $18.60 7.5%
Income Trust 30, 15,
Capital Units 2005 2005
---------------------------------------------------------------------
Alliance Split ASI.PR.A $0.15 June July $0.60 $10.75 5.6%
Income Trust 30, 15,
Preferred Units 2005 2005
---------------------------------------------------------------------
Diversified Income DTT.UN $0.09 June July $1.08 $14.35 7.5%
Trust II 30, 15,
2005 2005
---------------------------------------------------------------------
Mortgage Backed MF.UN $0.06 June July $0.72 $8.14 8.8%
Securities Trust 30, 15,
($C) 2005 2005
---------------------------------------------------------------------
Mortgage Backed MF.U $0.0477 June July $0.5724 $6.50 8.8%
Securities Trust 30, 15,
($US) 2005 2005
---------------------------------------------------------------------
Multi Select MST.UN $0.075 June July $0.90 $11.20 8.0%
Income Trust 30, 15,
Capital Units 2005 2005
---------------------------------------------------------------------
Multi Select MST.PR.A $0.1625 June July $0.65 $10.50 6.2%
Income Trust 30, 15,
Preferred Units 2005 2005
---------------------------------------------------------------------
MBS Adjustable MTF.UN $0.06 June July $0.72 $9.96 7.2%
Rate Income Fund 30, 15,
2005 2005
---------------------------------------------------------------------
Pro-Vest Growth & PRG.UN $0.0667 June July $0.8004 $10.53 7.6%
Income Fund 30, 15,
2005 2005
---------------------------------------------------------------------
Premier Value PVN.UN $0.06 June July $0.72 $9.72 7.4%
Income Trust 30, 15,
2005 2005
---------------------------------------------------------------------
Select 50 S-1 SON.UN $0.0675 June July $0.81 $12.54 6.5%
Income Trust 30, 15,
2005 2005
---------------------------------------------------------------------
Select 50 S-1 SDE.UN $0.06 June July $0.72 $11.62 6.2%
Income Trust II 30, 15,
2005 2005
---------------------------------------------------------------------
Sentry Select SFG.UN $0.0625 June July $0.75 $10.45 7.2%
Focused Growth & 30, 15,
Income Trust 2005 2005
---------------------------------------------------------------------
COmmercial and COI.UN $0.05 June July $0.60 $9.31 6.4%
INdustrial 30, 15,
Securities 2005 2005
Income Trust
---------------------------------------------------------------------
Sentry Select MBS MGS.UN $0.06 June July $0.72 $10.20 7.1%
Adjustable Rate 30, 15,
Income Fund II 2005 2005
---------------------------------------------------------------------


Future distributions

The Manager expects to pay these monthly distributions for 2005 based upon the current make-up of each individual Trust's portfolio and the indicated distribution policies of the income funds in the portfolios. However, if the make-up of the portfolios changes or if such income funds make distributions other than in accordance with their indicated policies, future distributions may differ.

Sentry web site

To find out more about each trust, including portfolio holdings, net asset values and investment objectives, go to www.sentryselect.com.

The Manager

Sentry Select is a wealth management company with gross assets of approximately $7.0 billion. It is the manager or portfolio manager of:

- Sentry Select Diversified Income Trust (TSX:SDT.UN);

- Diversified Income Trust II (TSX:DTT.UN);

- Select 50 S-1 Income Trust (TSX:SON.UN);

- Select 50 S-1 Income Trust II (TSX:SDE.UN);

- Pro-Vest Growth & Income Fund (TSX:PRG.UN);

- Sentry Select Focused Growth & Income Trust (TSX:SFG.UN);

- COmmercial and INdustrial Securities Income Trust "COINS" (TSX:COI.UN);

- Multi Select Income Trust (TSX:MST.UN)(TSX:MST.PR.A);

- Alliance Split Income Trust (TSX:ASI.UN)(TSX:ASI.PR.A);

- Premier Value Income Trust (TSX:PVN.UN);

- Strategic Energy Fund (TSX:SEF.UN);

- MBS Adjustable Rate Income Fund (TSX:MTF.UN);

- Sentry Select MBS Adjustable Rate Income Fund II (TSX:MGS.UN);

- Mortgage-Backed Securities Trust (TSX:MF.UN)(TSX:MF.U);

- Sentry Select Blue-Chip Income Trust (TSX:SIT.UN);

- Sentry Select Global Index Income Trust (TSX:SGT.UN);

- CAPVEST Income Corp. (TSX VENTURE:CVS);

- Sentry Select Principal-Protected Blue Chip Notes™;

- Three flow-through limited partnerships; and

- Eight mutual funds that focus on a broad range of sectors of the economy.



The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-1330


Contact Information

  • Sentry Select Capital Corp.
    Investor Services
    (investor inquiries)
    1-888-246-6656
    416-364-1197 (FAX)
    or
    Sentry Select Capital Corp.
    June MacKinnon
    (media inquiries)
    1-888-246-6656
    416-364-1197 (FAX)
    info@sentryselect.com
    www.sentryselect.com