TORONTO Sentry Select Capital Corp. is pleased to announce that its offering of Sentry Select Principal-Protected Blue-Chip NotesTM Series VI has raised gross proceeds of $15,829,900. The total amount raised in the Sentry Select Principal-Protected Blue-Chip NotesTM series now stands at $181,500,300.
Benchmark portfolio Sentry Select Principal-Protected Blue Chip NotesTMare deposit notes, issuable in series by National Bank of Canada, whose performance is linked to a benchmark portfolio composed of 15 blue-chip Canadian income trusts, 15 blue-chip Canadian stocks and 15 blue-chip U.S. stocks. The portfolio has been chosen by Sentry Select Capital Corp.
Principal plus appreciation At maturity, after eight years, investors will be repaid their principal, plus appreciation in the benchmark portfolio, if any. The fluctuation of the value of the portfolio will directly impact the return payable. It is therefore possible that no return will be paid.
Early redemption National Bank of Canada may redeem the Series VI Notes after four years at a price that will give investors the equivalent of a compound annual rate of return of approximately 9%. Liquidity A weekly secondary market will be maintained by National Bank Financial under normal market conditions to ensure the Notes’ liquidity. There is no assurance that a secondary market will develop. Redemption of Notes within 24 months of their issue will be subject to an early trading charge.
Sentry Select Capital Corp. Sentry Select is a wealth management company with gross assets under management of approximately $7.0 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); • Multi Select Income Trust (TSX:MST.UN, MST.PR.A); • Alliance Split Income Trust; (TSX:ASI.UN, ASI.PR.A); • Premier Value Income Trust (TSX:PVN.UN); • Strategic Energy Fund (TSX:SEF.UN); • MBS Adjustable Rate Income Fund (TSX: MTF.UN); • Sentry Select MBS Adjustable Rate Income Fund II (TSX:MGS.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); • CAPVEST Income Corp. (TSX-V: CVS); • Sentry Select Principal-Protected Blue Chip Notes™; • Three flow-through limited partnerships; and • Eight mutual funds that focus on a broad range of sectors of the economy;
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).