Appuyez sur la touche Retour pour passer au contenu principal

Sentry Select Diversified Income Trust (TSX: SDT.UN) announces Exchange Offer

TORONTO: Sentry Select Capital Corp. (“Sentry Select” or “Manager”) is pleased to announce that Sentry Select Diversified Income Trust (the “Trust”) has filed, and received a receipt for, a preliminary 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”) for securities of issuers (the “Issuers”) listed below.

Deposit date and closing: Acceptances of the Exchange Offer must be deposited with Computershare Investor Services Inc. through CDS Clearing and Depository Services Inc. (“CDS”) until 4:00 pm (Toronto time) on October 15, 2007 (the “Deposit Date”). Subject to the satisfaction of the conditions of the Exchange Offer, the closing is expected to occur on or about October 26, 2007.

Exchange ratio: Trust Units may be purchased by the exchange of eligible securities of any Issuer named below. The number of Trust Units issuable for the securities of each Issuer (the “Exchange Ratio”) will be determined by dividing the volume weighted average trading price of such securities on the Toronto Stock Exchange (“TSX”) during the period of three consecutive trading days ending on the Deposit Date (the “Pricing Period”) by the volume weighted average trading price of the Trust Units on the TSX during the Pricing Period.

Acceptance: The Exchange Offer will remain open for acceptance until 4:00 p.m. (Toronto time) on October 15, 2007. The Exchange Offer may be accepted only by means of a book-entry deposit through CDS. Holders of securities of an Issuer who wish to accept the Exchange Offer must request their investment adviser, investment dealer, bank, trust company or other nominee to effect the transaction for them and should do so not later than October 12, 2007 to ensure that their securities are included in the deposit to be made through CDS on October 15, 2007. Some nominees may require an earlier deadline for receiving instructions concerning a deposit.

Reimbursement of expenses: The Manager has agreed to reimburse the Trust for the expenses of the Exchange Offer, including the solicitation and agency fees, incurred by the Trust in 28 equal quarterly instalments (due January 1, April 1, July 1 and October 1), together with interest, beginning on January 1, 2009. This obligation will be evidenced by a promissory note to be issued at the closing of the Exchange Offer, which will bear interest from the date of issue at the prime rate of interest posted from time to time by the Trust’s bank.


A&W Revenue Royalties Income Fund

Canadian Utilities Ltd.

Acadian Timber Income Fund

Canadian Western Bank

Advantage Energy Income Fund

Canetic Resource Trust

Aeroplan Income Fund

Canexus Income Fund

Ag Growth Income Fund

Canfor Pulp Income Fund

AGF Management Ltd.

CanWel Building Materials Income Fund

Agrium Inc.

Cargojet Income Fund

Agtech Income Fund

Cathedral Energy Services Income Trust

Algonquin Power Income Fund

Chartwell Seniors Housing Real Estate Investment Trust

Allied Properties Real Estate Investment Trust

Chemtrade Logistics Income Fund

AltaGas Income Trust

Chesswood Income Fund

Altus Group Income Fund

CI Financial Income Fund

ARC Energy Trust

Cineplex Galaxy Income Fund

Arctic Glacier Income Fund

Cinram International Income Fund

Armtec Infrastructure Income Fund

CML HealthCare Income Fund

Artis Real Estate Investment Trust

Coast Wholesale Appliances Income Fund


Colabor Income Fund

Atlantic Power Corporation

Cominar Real Estate Investment Trust

ATS Andlauer Income Fund

Connors Bros. Income Fund

AutoCanada Income Trust

Contrans Income Fund

Avenir Diversified Income Trust

Crescent Point Energy Trust

Badger Income Fund

Creststreet Power & Income Fund

Bank of Montreal

Crombie Real Estate Investment Trust

Bank of Nova Scotia

Davis + Henderson Income Fund

Baytex Energy Trust

Daylight Resources Trust

BCE Inc.

DirectCash Income Fund

Bell Aliant Regional Communications Income Fund

Drive Products Income Fund

BFI Canada Income Fund

Dundee Real Estate Investment Trust

Big Rock Brewery Income Trust

Emera Inc.

Bird Construction Income Fund

Enbridge Inc.

Boardwalk Real Estate Investment Trust

Enbridge Income Fund

Bonavista Energy Trust

EnCana Corp.

Bonterra Energy Income Trust

Energy Savings Income Fund

Boralex Power Income Fund

Enerplus Resources Fund

Boston Pizza Royalties Income Fund

EPCOR Power L.P.

Brookfield Asset Management

Eveready Income Fund

Brookfield Properties Corp.

Extendicare Real Estate Investment Trust

Builders Energy Services Trust

Fairborne Energy Trust

CAE Inc.

Finning International Inc.

Calloway Real Estate Investment Trust

Firm Capital Mortgage Investment Trust

Canadian Apartment Properties Real Estate Investment Trust

First Capital Realty Inc.

Canadian Helicopters Income Fund

First National Financial Income Fund

Canadian Imperial Bank of Commerce

Focus Energy Trust

Canadian National Railway Company

Fording Canadian Coal Trust

Canadian Natural Resources Ltd.

Foremost Income Fund

Canadian Oil Sands Trust

Fort Chicago Energy L.P.

Canadian Pacific Railway Ltd.

Fortis Inc.

Canadian Real Estate Investment Trust

FP Newspapers Income Fund

Freehold Royalty Trust

Northern Property Real Estate Investment Trust

Futuremed Healthcare Income Fund

Northland Power Income Fund

Gamehost Income Fund

Oceanex Income Fund

GAZ Metro Limited Partnership

OFI Income Fund

General Donlee Income Fund

Onex Corp.

GENIVAR Income Fund

Paramount Energy Trust

Gluskin Sheff + Associates Inc.

Park Lawn Income Trust

GMP Capital Trust

Parkland Income Fund

Golf Town Income Fund

PDM Royalties Income Fund

Great Lakes Hydro Income Fund

Peak Energy Services Trust

Great-West Lifeco Inc.

Pembina Pipeline Income Fund

H&R Real Estate Investment Trust

Pengrowth Energy Trust

Harvest Energy Trust

Penn West Energy Trust

Home Equity Income Trust

Peyto Energy Trust

Huntingdon Real Estate Investment Trust

Phoenix Technology Income Fund

IAT Air Cargo Facilities Income Fund

Pizza Pizza Royalty Income Fund

IBI Income Fund

Pollard Banknote Income Fund

IGM Financial Inc.

Power Corporation of Canada

Imperial Oil Ltd.

Power Financial Corp.

Industrial Alliance Insurance and Financial Services Inc.

Precision Drilling Trust

ING Canada Inc.

Premium Brands Income Fund

Inmet Mining Corp.

Primaris Retail Real Estate Investment Trust

Innergex Power Income Fund

Primary Energy Recycling Corporation

InnVest Real Estate Investment Trust

Prime Restaurants Royalty Income Fund

Inter Pipeline Fund

Prime West Energy Trust

InterRent Real Estate Investment Trust

Priszm Income Fund

Jazz Air Income Fund

Progress Energy Trust

K-Bro Linen Income Fund

Provident Energy Trust

Keyera Facilities Income Fund

PRT Forest Regeneration Income Fund

Keystone North America Inc.

Public Storage Canadian Properties

Labrador Iron Ore Royalty Income Fund

Resolve Business Outsourcing Income Fund

Lanesborough Real Estate Investment Trust

Retrocom Mid-Market Real Estate Investment Trust

Liquor Stores Income Fund

Richards Packaging Income Fund

Livingston International Income Fund

RioCan Real Estate Investment Trust

Macquarie Power & Infrastructure Income Fund

Rogers Communications Inc.

Manitoba Telecom Services Inc.

Rogers Sugar Income Fund

Manulife Financial Corp.

Royal Bank of Canada

Medical Facilities Corporation

Royal Host Real Estate Investment Trust

Medisys Health Group Income Fund

Royal LePage Franchise Services Fund

Morguard Real Estate Investment Trust

Royal Utilities Income Fund

Morneau Sobeco Income Fund

Scotts Real Estate Investment Trust

Mullen Group Income Fund

Second Cup Royalty Income Fund

NAL Oil and Gas Trust

SFK Pulp Fund

National Bank of Canada

Sherritt International Corp.

New Flyer Industries Inc.

Shoppers Drug Mart Corp.

Newalta Income Fund

Sleep Country Canada Income Fund

Newport Partners Income Fund

SNC-Lavalin Group Inc.

Noranda Income Fund

Spectra Energy Income Fund

Norbord Inc.

Sterling Shoes Income Fund

North West Company Fund

Stoneham Drilling Trust

Strongco Income Fund

TransAlta Corp.

Student Transportation of America Ltd.

TransAlta Power L.P.

Sun Gro Horticulture Income Fund

TransCanada Corp.

Sun Life Financial Inc.

TransForce Income Fund

Superior Plus Income Fund

Tree Island Wire Income Fund

Supremex Income Fund

Trilogy Energy Trust

Swiss Water Decaffeinated Coffee Income Fund

Trimac Income Fund

Talisman Energy Inc.

Trinidad Energy Services Income Trust

Taylor NGL L. P.

TSX Group Inc.

Teck Cominco Ltd.

Vault Energy Trust

Telus Corp.

Vermilion Energy Trust

Teranet Income Fund

Vicwest Income Fund

The Brick Group Income Fund

Village Farms Income Fund

The Consumers' Waterheater Income Fund

Wajax Income Fund

The DATA Group Income Fund

Wellco Energy Services Trust

The Keg Royalties Income Fund

West Fraser Timber Co. Ltd.

Tim Hortons Inc.

Westshore Terminal Income Fund

TimberWest Forest Corp.

Yellow Pages Income Fund

Toronto-Dominion Bank

Zargon Energy Trust

Total Energy Services Trust


Dealer manager: National Bank Financial has been engaged as the dealer manager for the Exchange Offer.

Sentry Select Diversified Income Trust: Sentry Select Diversified Income Trust is a closed-end investment trust that aims to maximize distributions to unitholders by investing primarily in high income securities issued by a broad range of royalty and income trusts, real estate investment trusts, and limited partnerships and, to a lesser extent, fixed-income securities and high-yielding common stocks.

Sentry Select Capital Corp.: Sentry Select is a Canadian wealth management company that manages over $8 billion in gross assets as of July 31, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select is the leading manager and/or advisor to entities listed on the TSX. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.

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

A preliminary prospectus dated September 18, 2007 relating to these securities has been filed with the securities regulatory authority in each of the provinces and territories of Canada, but has not yet become final for the purpose of the sale of securities to the public. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale or any acceptance of an offer to buy these securities in any province or territory of Canada prior to the time a receipt of the final prospectus is obtained from such securities regulatory authorities. Important information concerning this offering is contained in the prospectus. Obtain a copy from your financial advisor and read the prospectus before investing.

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 (