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Sentry Select Capital Corp. files preliminary prospectus for Sentry Select Lazard Global Listed Infrastructure Fund
2006-12-21

TORONTO: Sentry Select Capital Corp. (“Sentry Select” or the “Manager”) is pleased to announce that it has filed a preliminary prospectus across Canada qualifying the initial public offering of Sentry Select Lazard Global Listed Infrastructure Fund (the “Fund”), a closed-end investment fund for which Sentry Select will be the Manager and Trustee. Offering Price: The offering price is $10 per unit and the minimum purchase quantity is 200 units ($2,000).Investment Objectives: The Fund will be actively managed by Lazard Asset Management LLC and will seek long term, defensive, low volatility returns by investing in a globally diversified portfolio of publicly listed Global Infrastructure Companies.The Fund’s investment objectives are to: • provide a total return for unitholders consisting of interest, dividend income and capital appreciation that will outperform inflation, as measured by the Canadian Consumer Price Index (‘‘CPI’’), by 5% per annum over rolling five-year periods, and• pay quarterly cash distributions (initially, expected to be $0.125 per quarter, or 5% per annum based on the original price of $10.00 per unit).Investment Manager : Lazard Asset Management LLC will be the investment manager of the Fund.The Manager: Sentry Select Capital Corp., the Manager of the Fund, 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), 19 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 November 30, 2006, the firm had approximately $8 billion in gross assets under management.The Agents: A syndicate of agents co-led by RBC Dominion Securities Inc. and CIBC World Markets Inc. includes: BMO Capital Markets, 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., Berkshire Securities Inc., IPC Securities Corporation, Research Capital Corporation and Wellington West Capital Inc.More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com www.sentryselect.comThis news release contains forward-looking statements that involve risks and uncertainties. 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.


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).