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Sentry Select Capital Corp. announces September 2008 distributions for principal-protected notes
2008-09-15

TORONTO: Sentry Select Capital Corp. (“Sentry Select”) is pleased to announce the September 2008 distribution amounts for the following principal-protected notes.

 

Note

 

Issue date

Distribution amount (per $100 note)

 

Record date

 

Payable date

 

Annualized yield

 

Distributions per note since inception

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 1 (JHN601)

March 17, 2006

$0.118774

Sept. 12, 2008

Sept. 15, 2008

1.4%

$6.590361

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 1 (JHN602)

March 17, 2006

$0.118774

Sept. 12, 2008

Sept. 15, 2008

1.4%

$6.590361

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 2 (JHN603)

May 17, 2006

$0.174287

Sept. 12, 2008

Sept. 15, 2008

2.1%

$7.342991

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 2 (JHN604)

May 17, 2006

$0.174287

Sept. 12, 2008

Sept. 15, 2008

2.1%

$7.342991

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 3 (JHN605)

July 19, 2006

$0.111981

Sept. 12, 2008

Sept. 15, 2008

1.3%

$4.823890

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 3 (JHN606)

July 19, 2006

$0.111981

Sept. 12, 2008

Sept. 15, 2008

1.3%

$4.823890

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 4 (JHN607)

September 20, 2006

$0.172033

Sept. 12, 2008

Sept. 15, 2008

2.1%

$3.764675

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 4 (JHN608)

September 20, 2006

$0.172033

Sept. 12, 2008

Sept. 15, 2008

2.1%

$3.764675

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 5 (JHN609)

October 31, 2006

$0.207930

Sept. 12, 2008

Sept. 15, 2008

2.5%

$6.910846

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 5 (JHN610)

October 31, 2006

$0.207930

Sept. 12, 2008

Sept. 15, 2008

2.5%

$6.910846

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 6 (JHN612)

December 20, 2006

$0.342992

Sept. 12, 2008

Sept. 15, 2008

4.1%

$9.495547

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 6 (JHN613)

December 20, 2006

$0.342992

Sept. 12, 2008

Sept. 15, 2008

4.1%

$9.495547

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 7 (JHN614)

March 14, 2007

$0.349399

Sept. 12, 2008

Sept. 15, 2008

4.2%

$8.569954

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 7 (JHN615)

March 14, 2007

$0.349399

Sept. 12, 2008

Sept. 15, 2008

4.2%

$8.569954

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 8 (JHN627)

Sept. 19, 2007

$0.341677

Sept. 12, 2008

Sept. 15, 2008

4.1%

$4.830913

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 8 (JHN628)

Sept. 19, 2007

$0.341677

Sept. 12, 2008

Sept. 15, 2008

4.1%

$4.830913

Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 9 (JHN630)

Nov. 14, 2007

$0.476367

Sept. 12, 2008

Sept. 15, 2008

5.7%

$4.432279

Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 9 (JHN631)

Nov. 14, 2007

$0.476367

Sept. 12, 2008

Sept. 15, 2008

5.7%

$4.432279

Deposit Notes: Bank of Montreal Sentry Select Canadian Income Deposit Notes and Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes (collectively, the “Deposit Notes”) are deposit notes, issued by Bank of Montreal. The performance of the Deposit Notes is linked to the appreciation of a basket comprised of (i) an income trust portfolio managed by Sandy McIntyre, Senior Vice-President and Chief Investment Officer, Sentry Select (“Income Portfolio”), and (ii) a notional bond portfolio (collectively, the “Basket”). The Income Portfolio is designed primarily to replicate the performance of Sentry Select Canadian Income Fund, as set out in the Information Statement.

Future distributions: Bank of Montreal will pay to each holder distributions in an amount equal to 75% of all distributions, if any, received on the Income Portfolio component of the Basket. The allocation of the Income Portfolio to the Basket may be more or less than 100% and distributions paid in respect of the Income Portfolio will fluctuate from month to month. There is no guarantee that the investment manager or the individual income funds will be able to maintain their levels of distribution or that the Income Portfolio will make any distribution.

Website:  To find out more about the Deposit Notes, net asset values and investment objectives, please visit www.sentryselect.com.

Sentry Select Capital Corp.: Sentry Select Capital Corp. is a Canadian wealth management company that manages over $6 billion in gross assets as of June 30, 2008. 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.

More information:  Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel:  1-888-246-6656   Fax: 416-364-1197   info@sentryselect.com

Disclosure of how variable interest (if any) on the Deposit Notes is calculated is contained in the related Information Statement. This release is issued for information purposes only and does not constitute an offer to sell or a solicitation to purchase the Deposit Notes. The prices, value and/or income the Deposit Notes produce may fluctuate and/or be adversely affected by a number of factors. The distributions on the units in the Portfolio will directly impact the amount of principal repaid in the case of the R.O.C. Canadian Income Deposit Notes, and interest paid, in the case of the Canadian Income Deposit Notes, in any year prior to maturity. The fluctuation of the value of the Portfolio will directly impact the return, if any, on the Deposit Notes at maturity. In addition, the return payable at maturity on the R.O.C. Deposit Notes, if any, will be reduced by a percentage of the amounts you receive prior to maturity pursuant to a formula set out in the related Information Statement.


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).