Sentry Select Capital Corp. is adding five new mutual funds to Sentry Select Corporate Class Ltd.: Sentry Select Balanced Class, Sentry Select Canadian Energy Growth Class, Sentry Select Canadian Income Class, Sentry Select Money Market Class and Sentry Select Mining Opportunities Class. These funds are now available alongside Sentry Select Canadian Resource Class.
This corporate-class structure allows investors to convert shares of one corporate-class fund into another without triggering immediate tax consequences. The structure will also offer tax-deferred investment choices to former NCE Flow-Through Limited Partnership unitholders who have become shareholders of Sentry Select Canadian Resource Class through rollover transactions.
The investment objective of the new Sentry Select Mining Opportunities Class fund is to provide capital appreciation by investing primarily in companies involved in the exploration, development, production, marketing and distribution of commodities, excluding oil and gas and the companies that supply goods and services to them. The other new corporate-class funds invest in underlying Sentry Select mutual funds.
Sentry Select Capital Corp. launches five corporate-class mutual funds
- By: IE Staff
- March 29, 2006 March 29, 2006
- 11:07