Sentry Select Capital Corp.

Sentry Select Capital Corp.

March 29, 2006 10:46 ET

Sentry Select Capital Corp. Launches Five Corporate Class Mutual Funds

TORONTO, ONTARIO--(CCNMatthews - March 29, 2006) - Sentry Select Capital Corp. is pleased to announce that it has added five new mutual funds to Sentry Select Corporate Class Ltd. (the "Corporation"): Sentry Select Balanced Class, Sentry Select Canadian Energy Growth Class, Sentry Select Canadian Income Class, Sentry Select Money Market Class and Sentry Select Mining Opportunities Class. These funds are now available alongside Sentry Select Canadian Resource Class.

This corporate class structure allows investors to convert shares of one corporate class fund into another without triggering immediate tax consequences. The structure will also offer tax-deferred investment choices to former NCE Flow-Through Limited Partnership unitholders who have become shareholders of Sentry Select Canadian Resource Class through rollover transactions.

Mining Opportunities Class

The investment objective of Sentry Select Mining Opportunities Class is to provide capital appreciation by investing primarily in companies involved in the exploration, development, production, marketing and distribution of commodities, excluding oil & gas, and companies that supply goods and services to them. The Fund is managed by Kevin MacLean, the portfolio manager of Sentry Select Precious Metals Growth Fund, which was rated the top-performing precious metals fund in 2005 and has earned a five-star Globefund rating.

The other new corporate class funds invest in underlying Sentry Select mutual funds.

The manager

Sentry Select Capital Corp. provides investment, administrative and marketing services to 23 exchange-listed closed-end funds, 17 of which have exposure to the income trust sector, 16 mutual funds, 11 principal-protected notes and three flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of February 28, 2006, the firm had approximately $9.0 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)
    Sentry Select Capital Corp.
    Brian McOstrich
    (media inquiries)
    1 (888) 246-6656
    (416) 364-1197 (FAX)