Appuyez sur la touche Retour pour passer au contenu principal

CAPVEST Income Corp. (TSX-V: CVS) releases 2005 financial results

TORONTO CAPVEST Income Corp. (the “Company”) is pleased to announce its results for the year ended December 31, 2005.

Highlights • The Company was created effective January 1, 2005 through the amalgamation of Biotech Medical Sciences Inc. and Entech Investments Inc., with combined net assets of $4,092,172. • In December 2005, the Company issued 17,042 combined units through a prospectus offering. The offering raised aggregate gross proceeds of $20,450,400, comprised of $3,408,400 for 17,042,000 common shares and $17,042,000 aggregate principal amount of debentures. Each combined unit consisted of one unsecured convertible debenture in the principal amount of $1,000 and 1,000 common shares of the Company. The debentures have an interest coupon of 7% per annum, payable quarterly, and have a maturity date of December 31, 2008. The debentures occur as a liability on the Company’s statement of net assets.• The Company had an 22% increase in net assets from operations of $912,123 for the year-ended December 31, 2005, representing an increase in net assets from operations per share of $0.03 or $0.01 per share on a diluted basis.• The Company’s net assets increased to $9,857,227 at December 31, 2005. The largest factor contributing to the increase in net assets was the offering of the combined units. • The Company’s net asset value (NAV) per common share was $0.22 as of December 31, 2005 and its closing market price per share was $0.19.

2005 financial results For the complete 2005 Annual Management Report of Fund Performance and Annual Financial Statements, please visit or

Pursuant to National Instrument 81-106, financial results will be reported semi-annually, as of June 30 and December 31. Top 25 holdings and portfolio allocation by sector will be available quarterly on the Sentry Select website:

Investment objectivesThe investment objective of CAPVEST Income Corp. is to generate capital appreciation and, to a lesser extent, income, through exposure to commodity-related investments, including commodity-related income trusts and the Rogers International Commodity Index (RICI).

Sentry Select Capital Corp. Sentry Select Capital Corp. provides investment, administrative and marketing services to 24 exchange-listed closed-end funds, 17 of which have exposure to the income trust sector, 16 mutual funds, 11 principal-protected notes and three flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of March 31, 2006, the firm had approximately $8.5 billion in gross assets under management.

More information Investor Services (broker/investor inquiries) or Brian McOstrich (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197

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 (