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Sentry Select Capital Inc. Announces Special Meeting of Global Real Estate Fund Unitholders

TORONTO: Sentry Select Capital Inc. (“Sentry Select”) is pleased to announce that a Special Meeting of Unitholders (the “Meeting”) has been called for Class A and Class F unitholders (the “Unitholders”) of the Sentry Select Global Real Estate Fund (the “Fund”). Sentry Select is proposing that the Fund merge into Class A and Class F units, as applicable, of the Sentry Select REIT Fund on February 1, 2010, an open-end mutual fund managed by Sentry Select (the “Merger”). A Management Information Circular providing the details of the Merger and a Proxy Voting Form will be sent to Unitholders of record as at December 11, 2009. The Meeting is scheduled to take place on January 15, 2010.

If the Merger is not approved by Unitholders, Sentry Select proposes to terminate the Fund upon 60 days notice to Unitholders.

The Merger is also subject to regulatory approval as well as the recommendation of the Independent Review Committee of the Fund and the Sentry Select REIT Fund.

Sentry Select Capital Inc.: Sentry Select Capital Inc., the manager of the Fund, 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:

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 the Sentry Select’s current expectations regarding future results or events including, but not limited to, the proposed timing of the Merger. 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. Although the 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. For a complete disclosure record of the Fund, please visit the Fund’s profile at

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 (