TORONTO, ON--(Marketwired - April 18, 2016) - Sentry Investments Inc. ("Sentry") has launched Sentry U.S. Growth and Income Currency Neutral Class ("Currency Neutral Class"), a currency-hedged version of Sentry U.S. Growth and Income Fund. Currency Neutral Class is now available for sale.
Currency Neutral Class, which is offered under Sentry Corporate Class, invests in securities of Sentry U.S. Growth and Income Fund. The portfolio manager applies a currency-hedging strategy to mitigate the impact of currency fluctuations on fund performance.
"We are pleased to launch this product as it provides more options for advisors and investors who want to capitalize on U.S. investment opportunities," said Kos Lazaridis, Vice-President, Product, Sentry. "The new currency neutral option is intended for those who want exposure to the U.S. market, but do not want the added exposure to currency risk."
Investors already invested in the corporate class version of Sentry U.S. Growth and Income Fund can switch into Currency Neutral Class on a tax-deferred basis.
Currency Neutral Class is available in Series A, B, F, O and I. Aubrey Hearn, Vice-President and Senior Portfolio Manager, will manage Currency Neutral Class and will also continue to manage Sentry U.S. Growth and Income Fund.
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, Currency Neutral Class, or Sentry U.S. Growth and Income Fund. 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 Currency Neutral Class, Sentry U.S. Growth and Income Fund and the other mutual funds comprising the Sentry Group of Funds, please visit their respective profiles at www.sedar.com.
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