TORONTO: Sentry Select Diversified Income Trust is pleased to announce its financial results for the third quarter of 2006.
Highlights:• On September 21, 2006 the Trust completed an Exchange Offer issuing 35,547,831 Trust units for gross proceeds of $208,889,718.• As of September 30, 2006, the Trust’s net assets were $1,256,298,609, representing an increase of approximately 16.5% from $1,077,569,346 as of June 30, 2006. The largest factor in the increase was the Exchange Offer.• In the third quarter of 2006, the Trust had an increase in net assets from operations of $9,411,928 (2005 – $91,785,182). The increase was mainly due to net realized gains on sale of investments and investment income, partially offset by unrealized depreciation of investments. • In the third quarter of 2006, the Trust declared distributions of $0.2025 per unit, consisting of three monthly distributions of $0.0675 per unit ($0.0375 regular distribution and $0.03 special distribution).• As of the last business day of the quarter, September 29, 2006, the Trust’s net asset value per unit was $5.73 and the Trust’s units closed on the Toronto Stock Exchange at $5.63 per unit.
Third quarter 2006 financial results: For the complete 2006 third quarter Management Report of Fund Performance and Financial Statements, please visit www.sentryselect.com or www.SEDAR.com.
Sentry Select Diversified Income Trust: Sentry Select Diversified Income 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.
Website: To find out more about the Trust, including portfolio holdings, net asset values and investment objectives, please visit www.sentryselect.com.
Sentry Select Capital Corp.: Sentry Select Capital Corp. is a wealth management company providing investment, administrative and marketing services to 33 exchange-listed closed-end funds and corporations, including preferred securities and debentures, 19 principal-protected notes, 16 mutual funds and four flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of October 31, 2006, the firm had over $8.0 billion in gross assets under management.
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).