C.A. Bancorp Inc. announced on Monday that the Sentry Select Total Strategy Fund has issued an additional 500,000 units for gross proceeds of $5 million pursuant to the exercise by the agents of their over-allotment options.

Including the over-allotment, the total gross proceeds of the trust’s recent public offering are $55 million. The rrust units began trading on the Toronto Stock Exchange on Aug. 25.

At least 75% of the assets of the trust are being invested in a diversified portfolio of primarily Canadian equity and equity-related securities, including income trusts. Up to 25% of the trust’s assets will be invested in private equity and equity-related securities of Canadian small and middle-market private and public companies.