Sentry enhances fixed-income offerings

Toronto-based Sentry Investments Inc. has expanded its line-up of fixed-income offerings with the addition of three funds. Sentry Bond Plus Fund, Sentry Enhanced Corporate Bond Fund and Sentry Enhanced Corporate Bond Capital Yield Class will be managed by Sentry’s fixed-income team, led by James Dutkiewicz, vice president and senior portfolio manager. Sentry Bond Plus Fund consists of a conservatively managed, diversified portfolio of primarily Canadian corporate bonds and other fixed-income securities. Sentry Enhanced Corporate Bond Fund is a diversified portfolio consisting primarily of North American and/or international investment-grade and non-investmentgrade corporate bonds. Advisor commissions for all funds are 0%-5% for front-end sales and 0%-4% for deferred sales; for the low-load sales for Sentry Bond Plus Fund, 0%-2%; and for the low-load option for both Sentry Enhanced Corporate Bond Fund and Sentry Enhanced Corporate Bond Capital Yield Class, 2.25%. Redemption fees begin at 6% in Year 1 and end at zero after Year 6 of the regular DSC schedule; and begin at 3% in the first 18 months and end at zero after Year 3 for the low-load schedule. Trailing commissions for Sentry Bond Plus Fund are 0.65% for front-end sales; 0.25% for first six years of deferred sales, and 0.65% thereafter; and 0.25% during the second and third years of low-load sales, and 0.65% thereafter. Trailing commissions for the other two funds are 0.75% for front-end sales; 0.25% for first six years of deferred sales, and 0.75% thereafter; and 0.25% during second and third years of low-load sales, and 0.75% thereafter. Management fees for Sentry Bond Plus Fund are 1.3% for A-class units and 0.65% for F-class units; and for the other two funds, they are 1.5% for A-class units and 0.75% for F-class units. Minimum investment is $500 for each fund.

(cohara@investmentexecutive.com).