Toronto: Sentry Select Capital Corp. (“Sentry Select”) announced today that effective immediately, the annual service fee that Sentry Select pays to dealers for Series A units of Sentry Select Focused 50 Income Fund (the “Fund”) is increasing from 0.50% to 1.25%.
The fee will be calculated and paid quarterly to each dealer at the rate of ¼ of 1.25% of the average value of Series A units held in the Fund by the dealer’s clients during each complete calendar quarter. The fee reflects service given to investors by their dealers throughout the year. Sentry Select will make a one-time payment to dealers to make the change retroactive to October 1, 2005.
Investors will not be affected by the change. The fee is paid entirely by Sentry Select, and not by the Fund or its investors.
Sentry Select is amending the simplified prospectus and annual information form of the Fund to reflect the change.
The Manager - Sentry Select Capital Corp. is a wealth management company with gross assets under management in excess of $9 billion. It is the portfolio manager of 18 closed-end trusts, 4 flow-through limited partnerships and 11 mutual funds; the manager of an investment corporation; the marketing agent for a series of principal-protected notes; and the administrator of 3 closed-end trusts.
More Information - Investor Services (broker/investor inquiries) or Michael Kovacs (media inquiries)Tel: 1-888-246-6656 Fax: 416-364-1197 email@example.com www.sentryselect.com
Les documents (y compris les communiqués de presse) se rapportant aux divers fonds d'investissement pour lesquels Sentry agit à titre de gestionnaire ou de conseiller ne sont fournis qu'à titre informatif. Ces documents ne peuvent être considérés comme étant exhaustifs ou exempts d'erreur sans un examen approfondi de la totalité des documents se rapportant à un fonds d'investissement en particulier disponibles sur SEDAR (www.sedar.com).