TORONTO: C.A. Bancorp Inc. is pleased to announce that the final prospectus for Sentry Select Total Strategy Fund (the “Trust”) has been filed with the securities regulatory authorities in each of the provinces and territories of Canada.
Investment objectives: The Trust’s investment objective is to maximize the total return to unitholders. At least 75% of the assets of the Trust will generally be invested in a diversified portfolio of primarily Canadian equity and equity-related securities, including income trusts. Up to 25% of the Trust’s assets will be invested in equity and equity-related securities of Canadian small and middle-market private and public companies.
Offering price: The offering price is $10.00 per unit, with a minimum subscription of 200 units ($2,000).
Closing: The closing is expected to occur on or about August 25, 2006.
TSX listing: The Toronto Stock Exchange has conditionally approved the listing of the units. The trading symbol will be TSF.UN.
Manager: C.A. Bancorp Inc. is the manager of the Trust. C.A. Bancorp Inc., a Toronto-based merchant bank, is involved in a range of transactions with both private and public companies across a broad range of industries in Canada. The majority of C.A. Bancorp’s endeavours falls under four corporate areas: Financial Service Companies, Structured Investment Products for the institutional, high-net-worth and retail markets, General Investments and Management Contracts. Investment opportunities are at the core of many of the activities, and transactions based on investments focus on the Canadian mid-market sector. The company trades on the TSX Venture Exchange, under the symbol BKP.
Investment manager: Sentry Select Capital Corp. will be retained to provide investment management services to the Trust. Sentry Select Capital Corp. provides investment, administrative and marketing services to 32 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 16 mutual funds, 15 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 June 30, 2006, the firm had over $8.0 billion in gross assets under management.
Agents: A syndicate of agents co-led by RBC Capital Markets and CIBC World Markets Inc., includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., Desjardins Securities Inc., Dundee Securities Corporation, Berkshire Securities Inc., IPC Securities Corporation, Research Capital Corporation and Wellington West Capital Inc.
More information: Mark Gardhouse, President, C.A. Bancorp Inc. Tel: 1-866-388-5985 Fax: 416-364-2398 firstname.lastname@example.org www.cabancorp.com Investor Services (broker/investor inquiries) or Brian McOstrich (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1330 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).