TORONTO Sentry Select FIDAC U.S. Mortgage Trust is pleased to announce a quarterly distribution of $0.08 per unit. The distribution is payable on June 15, 2006 to unitholders of record on May 31, 2006.
Sentry Select FIDAC U.S. Mortgage Trust Through a limited partnership, the Trust invests in a portfolio consisting primarily of mortgage-backed securities with an actual or implied AAA rating, issued by the U.S. agencies commonly known as Ginnie Mae, Fannie Mae and Freddie Mac. The investment objective of the Trust is to generate net income for distribution to investors from the spread between the interest income on its mortgage-backed securities and the cost of borrowing to finance their acquisition.
Investment Manager Fixed Income Discount Advisory Company (FIDAC) is the investment manager of the Trust. FIDAC is one of the leading fixed-income management companies specializing in U.S. agency mortgage-backed and Treasury securities. FIDAC and its related companies are responsible for the management of approximately US$33.5 billion in gross assets.
Sentry Select Capital Corp. Sentry Select Capital Corp. provides investment, administrative and marketing services to 23 exchange-listed closed-end funds, 16 mutual funds, 13 principal-protected notes and four flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of April 30, 2006, the firm had approximately $8.0 billion in gross assets under management.
More information Investor Services (broker/investor inquiries) or Brian McOstrich (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 firstname.lastname@example.org www.sentryselect.com
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