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15 years and counting

Sentry Canadian Income Fund was launched in 2002. It was launched at a time when investors were still reeling from the 2000 Tech Crash, and looking for investments that offered growth potential, regular income (so they could “get paid while they wait”) and more stability.

For more than 15 years now, the Fund has delivered in all three areas. It has provided Canadian investors with solid growth and consistent income, and has done so with less volatility than the broader market.

Growth and income with less volatility

The Fund has been one of the most consistent performers in its category – delivering consistent monthly cash flow while still growing the value of the original investment. Consider an investment of $100,000 at the Fund’s inception, 15 years ago.

Value of investment at Fund inception:
$100,000
Value of investment as at February 28, 2017:
$201,180
Total income received since Fund inception:
$141,412

And for those who didn’t need income:

Value of investment as at February 28, 2017:
$523,884

Source: Sentry Investments, Morningstar

Low volatility

An insistence on income from the Fund’s holdings has resulted in above-average returns with less risk than the S&P/TSX Composite Index. The Fund has provided protection by falling much less than the market, while participating strongly in the subsequent up markets.


  S&P/TSX Composite Index Sentry Canadian Income Fund
Apr. 5, 2011 – Oct. 4, 2011 -20.6% -8.2%
Oct. 4, 2011 – Feb. 28, 2012 +15.1% +15.2%
Feb. 28, 2012 – May 18, 2012 -10.9% -0.1%
May 18, 2012 – Sep. 3, 2014 +48.8% +48.7%
Sep. 3, 2014 – Oct. 15, 2014 -11.1% -6.5%
Oct. 15, 2014 – Apr. 15, 2015 +13.0% +14.1%
Apr. 15, 2015 – Jan. 20, 2016 -21.5% -6.7%
Jan. 20, 2016 – Feb. 28, 2017 +34.3% +14.8%
  = =
Apr. 5, 2011 – Feb. 28, 2017 +28.4% +68.0%

Note: The S&P/TSX Composite Index is a broad-based equity benchmark provided for comparison purposes. The objectives and strategies of the mutual fund listed result in holdings that do not necessarily reflect the constituents of and their weights within the S&P/TSX Composite Index, and the performance of the fund may differ from that of the Index. Source: S&P Dow Jones Indices, Bloomberg L.P., Sentry Investments, as at February 28, 2017. All returns are cumulative total returns, not annualized. For the purpose of this chart, “down markets” are those periods when the value of the benchmark falls 10% or more, while “up markets” are the periods between down markets.

True active management

Instead of a benchmark index, a set of strict criteria is used to measure a company for investment quality. In addition, the managers’ ability to look to the U.S. for opportunity allows the Fund to capture growth on both sides of the border. The result: a fund that typically looks very different than the index.

TOP 10 HOLDINGS

Sentry Canadian Income Fund
Alimentation Couche-Tard Inc.
AltaGas Ltd.
CVS Health Corporation
Keyera Corporation
Magna International Inc.
Oracle Corporation
Republic Services Inc.
TFI International Inc.
United Parcel Service Inc.
Waste Connections, Inc.
S&P/TSX Composite Index
Bank of Montreal
Bank of Nova Scotia
BCE Inc.
Canadian National Railway Co
Enbridge Inc.
Manulife Financial Corp.
Royal Bank of Canada
Suncor Energy Inc.
Toronto-Dominion Bank
TransCanada Corp.
S&P 500 Index
Alphabet Inc.
Amazon.com Inc.
Apple Inc.
Berkshire Hathaway Inc.
Exxon Mobil Corp.
Facebook Inc.
General Electric Co.
Johnson & Johnson
JPMorgan Chase & Co.
Microsoft Corp.

Source: S&P Dow Jones Indices, Sentry Investments, as at February 28, 2017. Top 10 holdings sorted alphabetically.


  Sentry Canadian Income Fund S&P/TSX Composite Index Canadian Focused Equity category (average)
1 year 10.0% 23.2% 19.6%
3 year 7.5% 5.8% 6.0%
5 year 10.0% 7.2% 8.8%
10 year 8.7% 4.7% 3.5%
Since inception* 11.7% 7.5% 5.6%

Source: S&P Dow Jones Indices, Morningstar, Bloomberg L.P., as at February 28, 2017. Benchmark and category return since fund inception.

To learn more about Sentry Canadian Income Fund, speak to your financial advisor. 


*Fund inception: February 15, 2002
All data as at February 28, 2017

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Morningstar data © 2017 Morningstar Research Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Sentry, Sentry Investments and the Sentry Investments logo are trademarks of Sentry Investments Inc.