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Sentry Select mutual funds may engage in short selling in September
2006-06-28

TORONTO: Sentry Select Capital Corp. (“Sentry Select”) is pleased to announce that, starting approximately September 1, 2006, Sentry Select Balanced Fund, Sentry Select Canadian Energy Growth Fund, Sentry Select Canadian Income Fund, Sentry Select Diversified Total Return Fund, Sentry Select Precious Metals Growth Fund, Sentry Select REIT Fund, Sentry Select Small Cap Income Fund and Sentry Select Canadian Resource Class and Sentry Select Mining Opportunities Class of Sentry Select Corporate Class Ltd. (the “Funds”) will engage in short selling transactions from time to time. Notice of this change is being mailed to investors in the Funds.

The Manager: 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.

More Information: Investor Services (broker/investor inquiries) or Brian McOstrich (media inquiries).Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com www.sentryselect.com


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