TORONTO, ONTARIO--(Marketwire - June 30, 2010) - Sentry Investments (the "Manager") is pleased to announce that SEF Private Issuers Trust (the "Trust") will make a special cash distribution of $0.20 per Trust unit to unitholders of record at the close of business (Toronto time) on June 29, 2010. This special distribution is due to the liquidation of a portion of the private investments within the Trust's portfolio and will be payable on June 30, 2010.
As of May 31, 2010, the net asset value per unit of the Trust was $0.98.
The special distribution is expected to be treated as capital gains and return of capital for tax purposes.
Sentry Investments is a Canadian asset management company that offers a diverse range of investment products including mutual funds, hedge funds, flow-through limited partnerships, closed-end funds and other alternative investments, covering a variety of domestic and global mandates.
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect," "intend," "will" and similar expressions to the extent they relate to the Manager or the Trust. The forward-looking statements are not historical facts but reflect the Manager's and the Trust's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, the timing and amount of the special cash distribution. Although the Manager and the Trust believe that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Neither the Manager nor the Trust undertake any obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law. For a complete disclosure record of the Trust, please visit www.sedar.com.
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Documents (including press releases) regarding the various investment funds that are managed or advised by Sentry are provided for information purposes only and cannot be relied on to be complete, exhaustive or error-free unless the complete set of documents for any given investment fund with respect to which information is being sought is reviewed and then only on SEDAR (www.sedar.com).