Sentry Select Capital Corp. has filed a final prospectus for COmmercial and INdustrial Securities Income Trust – known as COINS – with the securities regulatory authorities in each of the provinces and territories of Canada.

The price per unit is $20 and the minimum purchase is 100 units. The offering is for a minimum of $20 million and a maximum of $100 million.

The Trust’s investment objectives are to provide unitholders with a stable stream of monthly distributions targeted to be 9.0 per cent per annum based on the trust’s original $20 unit price and to preserve the value of the portfolio of the trust in order to return to the unitholders the original issue price upon termination of the trust.

To achieve the monthly distribution and capital preservation objectives, the investment strategy of the trust will be to invest the net proceeds of the offering in a diversified portfolio of securities which will consist primarily of units of commercial and industrial income funds, and, to a lesser extent, oil and gas royalty and income trusts.

The manager of the trust is Sentry Select Capital Corp. Sentry Select is responsible for managing the portfolio of the trust, including providing investment analysis and investment management for the Trust. The closing is expected to occur on or about June 25, 2002. Sandy McIntyre is the portfolio manager. The units are eligible for RRSPs, DPSPs, RRIFs and RESPs and will not be considered foreign property.

The agents on the offering are National Bank Financial Inc., CIBC World Markets Inc., BMO Nesbitt Burns Inc., RBC Capital Markets, Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, Dundee Securities Corporation, Yorkton Securities Inc., Desjardins Securities Inc., Raymond James Ltd., Research Capital Corporation and Trilon Securities Corporation. The issue is being sold by prospectus only.