TORONTO, ON--(Marketwired - January 05, 2016) - Sentry Investments Inc. ("Sentry") is pleased to announce that, effective immediately, it is offering management fee reductions across its equity, balanced and fixed-income funds, and managed-asset portfolios. We have also made a number of other changes designed to make it easier for financial advisors and investors to invest with Sentry. This decision follows months of extensive consultation with the financial advisor community, as well as a comprehensive review of pricing within the mutual fund industry.
"Sentry has always been focused on delivering superior long-term, risk-adjusted returns for investors. We are now providing access to our disciplined investment process and award-winning funds with more competitive fees. We are confident this announcement will be well received by our advisor and investor clients," said Sean Driscoll, Chief Executive Officer, Sentry Investments. "Further, with our new automatic preferred pricing back to dollar one, advisors will know that eligible investors are always getting the best possible pricing available to them within the Sentry mutual fund family."
Sentry will make these changes for eligible investors holding Series A/T securities under the front-end (ISC) option and holding Series F/FT of the funds. In making these changes, Sentry is reflecting the lower fund operating and distribution costs associated with the front-end structure and the fee-based structure. Highlights of the changes for eligible investors are as follows:
Sentry is also reviewing its mutual fund lineup with a view to simplifying the number of mutual fund series offered. The goal is to make it easier for financial advisors to navigate Sentry's offerings and to assist them in obtaining the best pricing for which their clients qualify.
For further information, please contact Sentry Client Services at 1-888-698-5553 or visit www.sentry.ca.
SENTRY INVESTMENTS INC.
Sentry Investments was founded in 1997 and is one of Canada's fastest-growing independent asset management companies. Sentry manages over $18 billion in assets on behalf of more than 500,000 Canadian investors. Sentry offers a diverse range of award-winning investment products, available through financial advisors, including domestic and global mutual funds and separately managed accounts.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
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 or the Funds. The forward-looking statements are not historical facts but reflect Sentry'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. Although Sentry 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. Sentry 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. For a complete disclosure record of the Funds and the Sentry Group of Funds, please visit their respective profiles at www.sedar.com.
Sentry Investments Inc.
Commerce Court West
199 Bay Street, Suite 2700
P.O. Box 108
Toronto, ON M5L 1E2
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).