TORONTO: Sentry Select Capital Corp. is pleased to announce the anniversary payment for Sentry Select Rogers International Commodity Index Principal-Protected Notes, Series 1 (the “Notes”). The payment of $2.81 per Note will be made on November 3, 2006 to investors of record on October 27, 2006. The amount represents a yield of 2.81% based on the issue price of $100.00 per note on October 28, 2005.
The Notes: Sentry Select Rogers International Commodity Index Principal-Protected Notes, Series 1 are deposit notes, issued by National Bank of Canada. The performance of the Notes is linked to the appreciation of (i) a portfolio of commodities managed by Diapason Commodities Management SA with the objective to replicate the performance of the Rogers International Commodity Index™ (RICI) and (ii) certain fixed-income and/or money-market instruments (the “Benchmark Portfolio”).
Annual income: On each anniversary date of the issuance of the Notes, subject to certain conditions, investors may be entitled to receive an amount per Note equal to (i) the sum of, for each day of that year, the Canadian overnight financing rate of the Bank of Canada, less 0.50%, divided by 365, multiplied by a specified amount of cash or cash equivalent instruments held in the Benchmark Portfolio for that day, (ii) divided by the number of Notes outstanding. If the value of the Benchmark Portfolio becomes equal to or less than a specified level, no amount will be paid to the investors on any anniversary date of the Notes.
Sentry Select Capital Corp.: Sentry Select Capital Corp., the marketing agent of the Notes, is a wealth management company providing investment, administrative and marketing services to 33 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 17 principal-protected notes, 16 mutual funds and four flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of September 30, 2006, the firm had approximately $8.5 billion in gross assets under management.
More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 firstname.lastname@example.org www.sentryselect.com
The Notes are not sponsored, endorsed, sold or promoted by James Beeland Rogers, Jim Rogers or Beeland Interests Inc. (collectively “Beeland”) or Diapason Commodities Management SA (“Diapason”). Beeland and Diapason make no representation or warranty, express or implied, to investors in the Notes or any potential investor, governmental authority, or any member of the public, regarding the advisability of investing in securities or commodities generally, or in the Notes or futures particularly. “Jim Rogers”, “Rogers International Commodity Index”, “RICI” are trademarks and service marks owned by Beeland.”
Diapason Commodities Management SA is a limited partnership and commodity operator whose main mandate is to promote and distribute products designed around the Rogers International Commodity Index™. Diapason is owned by its management, who are experienced professionals in the fields of asset management, commodity markets, futures and options trading and it is managing in excess of 1.1 billion Euros in assets.
“Jim Rogers”, “James Beeland Rogers”, "Rogers", “Rogers International Commodity Index”, and "RICI" are trademarks and service marks of Beeland Interests, Inc., which is owned and controlled by James Beeland Rogers, Jr., and are used subject to license. The name and likeness of Jim Rogers/James Beeland Rogers are trademarks and service marks of James Beeland Rogers, Jr. .
“Sentry Select Rogers International Commodity Index Principle-Protected Notes are not and will not be offered or sold in the United States to or for the account of U.S. Persons as defined by U.S. securities laws. Each purchaser of the Notes will be asked to certify that such purchaser is not a U.S. Person, is not receiving the Notes in the United States, and is not acquiring the Notes for the benefit of a U.S. Person.”
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).