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pr20070523-01
2007-05-23
TORONTO: Sentry Select Capital Corp. announces that Ian Smith, a member of the Sentry Select Lazard Global Listed Infrastructure portfolio management team, will leave the team effective 30 June 2007, to pursue other interests in the investment management industry. Warryn Robertson and John Mulquiney will continue to serve as Portfolio Managers/Analysts on the Global Listed Infrastructure team and continue to be assisted by Research Analysts Bertrand Cliquet and Matt Landy. All these individuals have been involved in the development and management of the strategy since its inception in 2005. Additional resources were added to the team late last year with the appointment of Product Specialist Edward Keating, who is responsible for business development and investor communications in North America, and Product Manager Mark Fox, who provides technical support.The Fund: Sentry Select Lazard Global Listed Infrastructure Fund is designed to provide 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, 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 has been retained as the Investment Manager of the Fund. Lazard has research analysts in the US, Australia, Japan, Korea, the UK and Germany. As of March 31, 2007, the firm had over 180 investment professionals overseeing approximately US$111.3 billion in assets under management, including over US$1.4 billion invested in infrastructure.The Manager: Sentry Select Capital Corp. is a Canadian wealth management company who manages over $8 billion in gross assets as of March 31, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. Sentry Select provides management and advisory services to 31 exchange- listed entities.More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com

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