subject: Unitholders Approve Mergers Of Funds With Sentry Energy Growth And Income Fund And Sentry Canadian I [print this page] The Mergers are expected to take place on or about February 4, 2011. Those Terminating Funds currently listed on the Toronto Stock Exchange are expected to be de-listed from trading on or about January 28, 2011.
Costs of the Mergers
All costs Coke Crusher and expenses associated with the Mergers will be borne by the Manager.
Tax consequences of the Mergers
The Mergers will be effected on a taxable basis.
Investment objectives of the Continuing Funds
Sentry Energy Growth and Income Fund is an open-end mutual fund with approximately $119 million in assets as at January 7, 2011. The fund's investment objective is to provide regular income and long-term capital appreciation by investing primarily in a diversified portfolio of equity securities of Canadian companies involved in the energy sector.
Sentry Canadian Income Fund is an open-end mutual fund with approximately $1.1 billion in assets as at January 7, 2011. The fund's investment objective is to provide a consistent monthly income and capital appreciation by investing primarily in a diversified portfolio of Canadian securities including equities, fixed-income instruments, real estate investment trusts (REITs) and income trusts.
Sentry Investments
Sentry Investments Coke Crusher is a Canadian asset management company that offers a diverse range of investment products including mutual funds, hedge funds, flow-through limited partnerships and other alternative investments, covering a variety of domestic and global mandates.
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to Sentry. The forward-looking statements are not historical facts but reflect Sentry's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations including, but not limited to, the proposed timing of the Mergers. Although Sentry believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sentry undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information
