Global DiSCS Trust 2004-1

Global DiSCS Trust 2004-1

June 28, 2005 17:06 ET

Sentry Select Capital in Deal to Administer Global DiSCS Trust 2004-1

TORONTO, ONTARIO--(CCNMatthews - June 28, 2005) - Global DiSCS Trust 2004-1 (TSX:DST.UN) today announced that, with its consent, administration of the Trust has been transferred from RBC Dominion Securities Inc., the investment dealer of Royal Bank of Canada (RY: TSX, NYSE), to Sentry Select Capital Corp., effective June 27, 2005.

Upon closing, Sentry Select Capital Corp. will assume full responsibility for the administration of Global DiSCS Trust 2004-1.

Standard & Poor's Rating Service, a division of The McGraw-Hill Companies, Inc., has confirmed that the transfer of the administration agreement would not result in a downgrade, qualification or withdrawal of the unit's rating, which is currently AA-.

Units of the Trust are listed on the Toronto Stock Exchange under the symbol DST.UN.

Contact Information

  • Global DiSCS Trust 2004-1
    Ewa Mazurek
    (416) 842-7406