Press enter to skip to main page content

Strategic Energy Fund (TSX: SEF.UN) announces monthly distribution of C$0.10 per unit for February 2006
2006-02-07

Toronto/Calgary: Strategic Energy Management Corp. announces that Strategic Energy Fund’s (the “Fund”) cash distribution for February 2006 will be C$0.10 per unit.

The distribution details are as follows:

Distribution

Ex-distribution Date

Record Date

Payable Date

C$0.10 per unit

February 10, 2006

February 14, 2006

February 28, 2006

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. The Fund expects to continue to pay monthly distributions of $0.10 per unit in the first quarter of 2006. However, if the make-up of the portfolio changes or if such portfolio holdings make distributions other than in accordance with their indicated guidance, distributions may differ.

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. The Fund’s Net Asset Value as at February 1, 2006 was $14.65 per unit.

Sentry Select Capital Corp.: The Investment Advisor is Sentry Select Capital Corp., a wealth management company with gross assets under management of approximately $8.5 billion, including more than $1.4 billion in energy sector-related investments.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.

More information: Investor Services (broker/investor inquiries), Brian McOstrich (media inquiries),Tel: 1-888-246-6656 Fax: 416 364-1197 info@sentryselect.com www.sentryselect.com


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).