TORONTO: Sentry Select Capital Corp. (“Sentry Select”) is pleased to announce that a preliminary prospectus for Sentry Select Global Real Estate Fund (the “Fund”) has been filed with, and a receipt therefor issued by, the securities regulatory authorities in each of the provinces and territories of Canada. The Fund will issue Listed units and Class F units (collectively, the “Units”).Offering price and minimum purchase: The offering price for both Listed and F Units is $10.00 per Unit. The minimum purchase quantity for Listed Units is 200 ($2,000) and for Class F Units is 500 ($5,000).Investment objectives: The Fund’s investment objectives are to invest primarily in publicly listed real estate-related issuers and real estate investment trusts, with a view to:• paying quarterly cash distributions (initially expected to be $0.125 per quarter, or 5% per annum based on the original price of $10.00 per Unit); and• preserving and enhancing the net asset value per Unit.Sentry Select Capital Corp.: Sentry Select is a Canadian wealth management company that manages approximately $8 billion in gross assets as of September 30, 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 manager and/or advisor to more Toronto Stock Exchange-listed entities than any other investment manager. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX Venture Exchange.Agents: The syndicate of agents is co-led by CIBC World Markets Inc. and RBC Capital Markets and includes BMO Capital Markets, National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, Dundee Securities Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Blackmont Capital Inc., Wellington West Capital Inc., Berkshire Securities Inc., Desjardins Securities Inc., Laurentian Bank Securities Inc., Research Capital Corporation and Richardson Partners Financial Limited.More information: Tel: 1-888-246-6656 www.sentryselect.comKinga Lam (media inquiries)
This news release contains forward-looking statements that involve risks and uncertainties. These statements reflect Sentry Select’s current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.
A preliminary prospectus dated October 26, 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 (www.sedar.com).