TORONTO CAPVEST Income Corp. (the “Company”) is pleased to announce that beginning May 4, 2006, the Company will publish the net asset value per share weekly. The net asset values per share will be available on the Sentry Select website at www.sentryselect.com.
Net asset value and trading price As of May 4, 2006, the Company’s net asset value was $0.24 per share and the closing price on the TSX Venture Exchange was $0.17 per share, representing a 29% discount to the NAV.
Debentures CAPVEST Income Corp. unsecured convertible debentures have an interest coupon of 7% per annum, payable quarterly, with a maturity date of December 31, 2008.
Trading information CAPVEST Income Corp. common shares and convertible debentures trade on the TSX Venture Exchange under the symbols CVS and CVS.DB respectively.
Investment objectives The investment objective of CAPVEST Income Corp. is to generate capital appreciation and, to a lesser extent, income, through exposure to commodity-related investments, including commodity-related income trusts and the Rogers International Commodity Index (RICI).
Sentry Select Capital Corp. Sentry Select Capital Corp. provides investment, administrative and marketing services to 23 exchange-listed closed-end funds, 17 of which have exposure to the income trust sector, 16 mutual funds, 11 principal-protected notes and three flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of March 31, 2006, the firm had approximately $8.5 billion in gross assets under management.
More information Investor Services (broker/investor inquiries), Brian McOstrich (media inquiries) or Kevin Cohen (legal inquiries)Tel: 1-888-246-6656 Fax: 416-364-1197 email@example.com www.sentryselect.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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).