Toronto/Calgary: Strategic Energy Management Corp. is pleased to announce an amendment to the special year-end distribution declared on December 21, 2005. This additional amount of C$0.050 reflects unanticipated increases in distributions from several of our energy trust holdings:
C$0.275 per unit
December 28, 2005
December 31, 2005
January 13, 2005
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 as well as 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.
2005 Distributions: The Fund increased its monthly distribution from $0.06 to $0.07 per unit in March and from $0.07 to $0.10 per unit in April. A special distribution of $0.23 per unit was paid in May, an additional special distribution of $0.25 per unit was paid in September, and the final special distribution for 2005 of $0.275 will be paid in January 2006. In 2005, the Fund has declared a total of $1.09 per unit in regular distributions, plus $0.755 per unit in special distributions, for a total of $1.845 per unit.
Trading Information and NAV: Strategic Energy Fund units trade on the Toronto Stock Exchange under the symbol SEF.UN.
The Fund’s Net Asset Value as at January 11, 2006 was $14.28 per unit.
Sentry Select Capital Corp.: The Investment Advisor is Sentry Select Capital Corp., a wealth management company with gross assets under management in excess of $8 billion, including more than $1.6 billion in energy sector-related investments.
More Information: Investor Services (broker/investor inquiries) or Brian McOstrich (media inquiries) or Katherine Pawling (Corporate Secretary)
Tel: 1-888-246-6656 Fax: 416 364-1197 firstname.lastname@example.org www.sentryselect.com
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