Sentry Select Diversified Income Trust

Sentry Select Diversified Income Trust

March 14, 2005 15:05 ET

Sentry Select Diversified Income Trust 'TSX:SDT.UN' Announces Distribution of 3.75 Cents '$0.0375' per Unit for March 2005


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: SENTRY SELECT DIVERSIFIED INCOME TRUST

TSX SYMBOL: SDT.UN

MARCH 14, 2005 - 15:05 ET

Sentry Select Diversified Income Trust 'TSX:SDT.UN'
Announces Distribution of 3.75 Cents '$0.0375' per
Unit for March 2005

TORONTO, ONTARIO--(CCNMatthews - March 14, 2005) - Sentry Select
Diversified Income Trust (TSX:SDT.UN) -

Sentry Select Diversified Management Inc. is pleased to announce the
March distribution of 3.75 cents ($0.0375) for Sentry Select Diversified
Income Trust.

Trailing distributions

The Trust's distributions for the past 12 months were $0.9014 per unit.
Using the market price of $5.50 per unit as at March 11, 2005, this
represents a trailing yield of 16.39%.

Distribution date/trading information

The distribution is payable on April 7, 2005 to holders of record on
March 31, 2005. Sentry Select Diversified Income Trust units trade on
the Toronto Stock Exchange under the symbol SDT.UN.

Sentry Select Diversified Income Trust

Sentry Select Diversified Income Trust is a closed-end trust with the
objective of maximizing distributions to unitholders by investing
primarily in a broad range of royalty and income trusts, real estate
investment trusts and other high-yielding securities.

Top 10 holdings

The top 10 holdings for Sentry Select Diversified Income Trust ranked by
current market value as at March 9, 2005 are:

1. Canadian Oil Sands Trust

2. RioCan REIT

3. Vermilion Energy Trust

4. CCS Income Trust

5. Keyera Facilities Income Fund

6. Bonavista Energy Trust

7. Connors Bros. Income Fund

8. BFI Canada Income Fund

9. Inter Pipeline Fund

10. AltaGas Income Trust

The Trust's total portfolio had a market value of $815,955,076 as at
March 9, 2005.

The Manager

Sentry Select is a wealth management company with total assets under
management of approximately $4.0 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);

- Sentry Select Principal-Protected Blue Chip Notes™;

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

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

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

- Strategic Energy Fund (TSX: SEF.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);

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

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

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

- Three flow-through investment funds.



The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4



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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Sentry Select
    Investor Services (investor enquiries)
    1 (888) 246-6656
    (416) 364-1330 (FAX)
    or
    Sentry Select
    Jason Graham/Patrick Schryburt (media enquiries)
    1 (888) 246-6656
    (416) 364-1330 (FAX)
    info@sentryselect.com
    www.sentryselect.com