Sentry Select Capital Corp.

Sentry Select Capital Corp.

November 13, 2006 17:12 ET

Sentry Select Capital Corp. Announces November 2006 Distributions for Principal-Protected Notes

TORONTO, ONTARIO--(CCNMatthews - Nov. 13, 2006) - Sentry Select Capital Corp. is pleased to announce the November 2006 distribution amounts for the following principal-protected notes.



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Note Issue Distribution Record Payable Annual- Distrib-
date amount date date ized utions
(per $100 yield per note
note) since
inception
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, March 17, November November
Series 1 2006 $0.392844 13, 2006 14, 2006 5.4% $2.900899
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit March 17, November November
Notes, Series 1 2006 $0.392844 10, 2006 13, 2006 5.4% $2.900899
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, May 17, November November
Series 2 2006 $0.499599 13, 2006 14, 2006 6.7% $2.271212
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit May 17, November November
Notes, Series 2 2006 $0.499599 10, 2006 13, 2006 6.7% $2.271212
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, July 19, November November
Series 3 2006 $0.381867 13, 2006 14, 2006 5.2% $1.213721
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit July 19, November November
Notes, Series 3 2006 $0.381867 10, 2006 13, 2006 5.2% $1.213721
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Bank of Montreal
Sentry Select
Canadian Income
Deposit Notes, September November November
Series 4 20, 2006 $0.381774 13, 2006 14, 2006 5.1% $0.381774
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Bank of Montreal
Sentry Select
R.O.C. Canadian
Income Deposit September November November
Notes, Series 4 20, 2006 $0.381774 10, 2006 13, 2006 5.1% $0.381774
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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 (the "Notes") are deposit notes, issued by Bank of Montreal. The performance of the Notes is linked to the appreciation of a Basket comprised of (i) an income trust portfolio managed by Sandy McIntyre, Senior Vice-President and Senior Portfolio Manager, Sentry Select ("Income Portfolio"), and (ii) a Notional Bond Portfolio. 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 the 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 wealth management company providing investment, administrative and marketing services to 33 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 19 principal-protected notes, 16 mutual funds and four flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of October 31, 2006, the firm had over $8.5 billion in gross assets under management.

Disclosure of how variable interest (if any) on the 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 Notes. The prices, value and/or income the 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 Notes at maturity. In addition, the return payable at maturity on the R.O.C. 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.



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.
    Kinga Lam
    (media inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    Email: info@sentryselect.com
    Website: www.sentryselect.com