TORONTO: C.A. Bancorp Inc. is pleased to announce that a preliminary prospectus for Sentry Select Total Strategy Fund (the “Trust”) has been filed with the securities regulatory authorities in each of the provinces and territories of Canada.
Investment objectives: The Fund’s investment objective is to maximize the total return to holders of units of the Trust. At least 75% of the assets of the Trust will generally be invested in a diversified portfolio of primarily Canadian equity and equity-related securities, including income trusts. Up to 25% of the Trust’s assets will be invested in equity and equity-related securities of Canadian small and middle-market private and public companies.
Details of the offering: The offering price is $10.00 per unit, with a minimum subscription of 200 units ($2,000).
Manager: C.A. Bancorp Inc. is the manager of the Trust. C.A. Bancorp Inc., a Toronto-based merchant bank, is involved in a range of transactions with both private and public companies across a broad range of industries in Canada. The majority of C.A. Bancorp’s endeavours falls under four corporate areas: Financial Service Companies, Structured Investment Products for the institutional, high-net-worth and retail markets, General Investments and Management Contracts. Investment opportunities are at the core of many of the activities, and transactions based on investments focus on the Canadian mid-market sector. Typically, C.A. Bancorp makes investments in companies with enterprise values ranging from $25 million to $200 million. The company trades on the TSX Venture Exchange, under the symbol BKP.
Investment manager: Sentry Select Capital Corp. will be retained to provide investment management services to the Trust.
Sentry Select Capital Corp. provides investment, administrative and marketing services to 25 exchange-listed closed-end funds, 15 of which have exposure to the income trust sector, 16 mutual funds, 13 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 May 30, 2006, the firm had approximately $8.0 billion in gross assets under management.
Agents: A syndicate of agents co-led by RBC Capital Markets and CIBC World Markets Inc., includes BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., Desjardins Securities Inc., Dundee Securities Corporation, Berkshire Securities Inc., IPC Securities Corporation, Research Capital Corporation and Wellington West Capital Inc.
Mark Gardhouse, President, C.A. Bancorp Inc. Tel: 1-866-388-5985 Fax: 416-364-2398 email@example.com www.cabancorp.com
Investor Services (broker/investor inquiries) or Brian McOstrich (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1330 firstname.lastname@example.org www.sentryselect.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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).