TORONTO: Sentry Select Capital Corp. (“Sentry Select”), as manager of Sentry Select MBS Adjustable Rate Income Fund II (the “Fund”), is pleased to announce that the monthly distribution for the first quarter of 2009 will be increased to $0.035 per unit, up from the monthly distribution of $0.03 per unit for the previous quarter.
The Fund anticipates generating increased income as a result of recent improvements in credit spreads and the ability to increase leverage. However, if market conditions change distributions may differ.
Sentry Select Capital Corp.: Sentry Select Capital Corp. is a Canadian wealth management company that offers a diverse range of investment products including closed-end investment funds, 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 and media inquiries)Tel: 1-800-730-4623Fax: 416-364-1197Email: email@example.com
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions ‘‘expect’’, ‘‘intend’’, “will” and similar expressions to the extent they relate to Sentry Select. The forward-looking statements are not historical facts but reflect Sentry Select’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the ability of Sentry Select to pay the indicated distributions on the dates specified. Although Sentry Select believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sentry Select undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
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).