Press enter to skip to main page content

Sentry Select Capital Corp. announces October 2008 distributions for principal-protected notes
2008-10-14

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

---------------------------------------------------------------------------
Note               Issue   Distribu-   Record   Payable  Annual-    Distri-
                    date        tion     date      date     ized    butions
                              amount                       yield   per note
                                (per                                  since
                                $100                              inception
                                note)
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,    March                  Oct.      Oct.
 Series 1             17,                  14,       15,
 (JHN601)           2006   $0.098869     2008      2008     1.2%  $6.689230
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 R.O.C.
 Canadian Income
 Deposit  Notes,   March                  Oct.      Oct.
 Series 1             17,                  14,       15,
 (JHN602)           2006   $0.098869     2008      2008     1.2%  $6.689230
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,      May                  Oct.      Oct.
 Series 2             17,                  14,       15,
 (JHN603)           2006   $0.144948     2008      2008     1.7%  $7.487939
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 R.O.C. Canadian
 Income Deposit
 Notes,              May                  Oct.      Oct.
 Series 2             17,                  14,       15,
 (JHN604)           2006   $0.144948     2008      2008     1.7%  $7.487939
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,     July                  Oct.      Oct.
 Series 3             19,                  14,       15,
 (JHN605)           2006   $0.093144     2008      2008     1.1%  $4.917034
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 R.O.C. Canadian
 Income Deposit
 Notes,             July                  Oct.      Oct.
 Series 3             19,                  14,       15,
 (JHN606)           2006   $0.093144     2008      2008     1.1%  $4.917034
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select 20,
 Canadian Income
 Deposit Notes,    Sept.                  Oct.      Oct.
 Series 4            20,                   14,       15,
 (JHN607)          2006    $0.143044     2008      2008     1.7%  $3.907719
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select  Sept.
 R.O.C. Canadian
 Income Deposit
 Notes,             Sept.                 Oct.      Oct.
 Series 4             20,                  14,       15,
(JHN608)            2006   $0.143044     2008      2008     1.7%  $3.907719
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,      Oct.                 Oct.      Oct.
 Series 5             31,                  14,       15,
 (JHN609)           2006   $0.172792     2008      2008     2.1%  $7.083638
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 R.O.C. Canadian
 Income Deposit
 Notes,              Oct.                 Oct.     Oct.
 Series 5             31,                  14,      15,
 (JHN610)           2006   $0.172792     2008     2008      2.1%  $7.083638
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,      Dec.                 Oct.      Oct.
 Series 6             20,                  14,       15,
 (JHN612)           2006   $0.268567     2008      2008     3.2%  $9.764114
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select   
 R.O.C. Canadian
 Income Deposit                
 Notes,              Dec.                 Oct.      Oct.
 Series 6             20,                  14,       15,
 (JHN613)           2006   $0.268567     2008      2008     3.2%  $9.764114
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,    March                  Oct.      Oct.
 Series 7             14,                  14,       15,
 (JHN614)           2007   $0.325209     2008      2008     3.9%  $8.895163
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 R.O.C. Canadian
 Income Deposit 
 Notes,            March                  Oct.      Oct.
 Series 7             14,                  14,       15,
 (JHN615)           2007   $0.325209     2008      2008     3.9%  $8.895163
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,     Sept.                 Oct.      Oct.
 Series 8             19,                  14,       15,
 (JHN627)           2007   $0.268276     2008      2008     3.2%  $5.099189
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 R.O.C. Canadian
 Income Deposit
 Notes,             Sept.                 Oct.      Oct.
 Series 8             19,                  14,       15,
 (JHN628)           2007   $0.268276     2008      2008     3.2%  $5.099189
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Canadian Income
 Deposit Notes,      Nov.                 Oct.      Oct.
 Series 9             14,                  14,       15,
 (JHN630)           2007   $0.389661     2008      2008     4.7%  $4.821940
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 R.O.C. Canadian
 Income Deposit
 Notes,              Nov.                 Oct.      Oct.
 Series 9             14,                  14,       15,
 (JHN631)           2007   $0.389661     2008      2008     4.7%  $4.821940
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Global Dividend
 Growth Notes,        
 R.O.C. Class,      June                  Oct.      Oct.
 Series 1              6,                  14,       15,
 (JHN618)           2007   $0.288249     2008      2008     1.2%  $5.288249
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Global Dividend
 Growth Notes,
 R.O.C. Class,       Aug.                 Oct.      Oct.
 Series 2              1,                  14,       15,
 (JHN620)           2007   $1.250000     2008      2008     5.0%  $5.000000
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Global Dividend
 R.O.C. Class,      Sept.                Oct.      Oct.
 Series 3             19,                 14,       15,
 (JHN622)           2007   $1.250000    2008      2008      5.0%  $5.000000
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Global Dividend
 Growth Notes,
 R.O.C. Class,       Nov.                Oct.      Oct.
 Series 4             14,                 14,       15,
 (JHN624)           2007   $1.250000    2008      2008      5.0%  $3.750000
---------------------------------------------------------------------------
Bank of Montreal
 Sentry Select
 Global Dividend
 Growth Notes,
 R.O.C. Class,       Dec.                Oct.      Oct.
 Series 5             27,                 14,       15,
 (JHN626)           2007   $1.250000    2008      2008      5.0%  $3.750000
---------------------------------------------------------------------------

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 approximately $5.5 billion in gross assets as of September 30, 2008. The company offers a diverse range of investment products including closed-end trusts, mutual funds, hedge 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:  1-888-739-4623 Fax: 416-364-1197   info@sentryselect.com   www.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).