TORONTO: Sentry Select Capital Corp. is pleased to announce that Sentry Select Diversified Income Trust (the “Trust”) has filed a final short-form prospectus across Canada, qualifying units of the Trust (the “Trust Units”) to be issued in connection with its exchange offer (the “Exchange Offer”).
Deposit date and closing: The Exchange Offer was open for acceptance by holders of securities of the eligible issuers (the “Issuers”) until 4:00 pm (Toronto time) on September 12, 2006 (the “Deposit Date”). The closing is expected to occur on or about September 21, 2006.
Exchange ratios: The exchange ratios for all Issuers were announced in a news release on September 13, 2006.
Sentry Select Diversified Income Trust: The Trust is a closed-end trust that aims to maximize distributions to unitholders by investing primarily in a broad range of royalty and income trusts, real estate investment trusts and other high-yielding securities.
Trading information and NAV: The Trust’s units trade on the Toronto Stock Exchange under the symbol SDT.UN. As of September 13, 2006, the Fund’s closing price on the TSX was $5.86 per unit and the net asset value was $5.87 per unit.
Distribution reinvestment plan: The Trust offers a distribution reinvestment plan whereby residents of Canada may elect to have their cash distributions reinvested in additional units of the Trust.
Website: To find out more about the Trust, including portfolio holdings, net asset values and investment objectives, please go to www.sentryselect.com.
Sentry Select Capital Corp.: Sentry Select Capital Corp. provides investment, administrative and marketing services to 33 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 16 mutual funds, 15 principal-protected notes and 4 flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of August 31, 2006, the firm had approximately $8.5 billion in gross assets under management.
Dealer manager: National Bank Financial has been engaged as the dealer manager for the Exchange Offer.
Restrictions: The Exchange Offer is not a take-over bid for any of the issuers and is not, and under no circumstances is to be construed as, an offering of any Trust Units for sale in the U.S. or to any resident thereof.
More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 firstname.lastname@example.org 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).