Sentry Select Capital Corp. has added Sentry Select Dividend Fund to its family of mutual funds.

The new fund seeks to provide investors with dividend income, as well as the potential for capital appreciation over the long term, by investing primarily in preferred shares, dividend-paying equities and convertible securities of issuers located in North America.

The fund will seek to invest in blue-chip, high-yielding securities with a history of sustainable distributions. In addition, the fund will seek to provide investors with quarterly, tax-efficient distributions of net dividends and realized capital gains, and lower volatility through broad diversification across various large-cap Canadian companies and industry sectors.

The fund is managed by Sentry Select’s experienced equity team led by Gordon Higgins, vp of equities.

The fund offers both A class and F class units with no redemption fees.