STRATEGIC ENERGY FUND
TSX : SEF.UN

STRATEGIC ENERGY FUND

December 04, 2006 18:08 ET

Strategic Energy Fund 'TSX:SEF.UN' Announces Monthly Distribution of C$0.11 per Unit for December 2006

TORONTO, ONTARIO and CALGARY, ALBERTA--(CCNMatthews - Dec. 4, 2006) - Strategic Energy Management Corp. announces that Strategic Energy Fund's (the "Fund") (TSX:SEF.UN) cash distribution for December 2006 will be C$0.11 per unit.



The distribution details are as follows:
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Distribution Ex-distribution date Record date Payable date
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C$0.11 per unit December 11, 2006 December 13, 2006 December 29, 2006
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Strategic Energy Fund

Strategic Energy Fund is an investment trust that seeks to provide unitholders with superior rates of return through a diversification strategy focused on investment opportunities within the Canadian energy sector. The Fund invests in established companies, early-stage energy companies and, to a lesser extent, special energy issuers, each with prospects for high growth in the near to medium term and the potential for long-term capital appreciation.

The Fund's investments in established companies, including energy royalty and income trusts, are made with a view to generate sufficient income to permit the Fund to make monthly cash distributions to unitholders.

Investments in early-stage energy companies are focused on both private and public issuers with strong, experienced management teams that have proven track records of enhancing shareholder value and successfully executing exit strategies. As well, the Fund may invest in undervalued issuers where Sentry Select Capital Corp., investment advisor to the Fund, believes that capital appreciation can be realized.

Trading information and NAV

Strategic Energy Fund units trade on the Toronto Stock Exchange under the symbol SEF.UN. As of November 29, 2006, the Fund's closing price on the TSX was $9.18 per unit and the net asset value was $10.61 per unit.

Sentry Select Capital Corp.

The investment advisor is Sentry Select Capital Corp., 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 $8.0 billion in gross assets under management.

Forward-looking statements

This news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Fund, including the potential for future distributions. When used in this news release, the words "in the future" and "believe", and the use of the future tense generally identify forward-looking statements. These statements reflect Sentry Select's current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.



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


Contact Information

  • Strategic Energy Fund
    Investor Services
    (broker/investor inquiries)
    1-888-246-6656
    or
    Strategic Energy Fund
    Kinga Lam
    (media inquiries)
    1-888-246-6656
    (416) 364-1197 (FAX)
    Email: info@sentryselect.com
    Website: www.sentryselect.com