TORONTO: Sentry Select Capital Corp. (“Sentry Select”) is pleased to announce the August 2007 distribution amounts for the following principal-protected notes.
|
Note |
Issue date |
Distribution amount
(per $100 note) |
Record date |
Payable date |
Annualized yield |
Distributions per note since inception |
|
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 1 |
March 17, 2006 |
$0.262379 |
August 14, 2007 |
August 15, 2007 |
3.1% |
$4.648545 |
|
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 1 |
March 17, 2006 |
$0.262379 |
August 14, 2007 |
August 15, 2007 |
3.1% |
$4.648545 |
|
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 2 |
May 17, 2006 |
$0.347709 |
August 14, 2007 |
August 15, 2007 |
4.2% |
$4.680299 |
|
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 2 |
May 17, 2006 |
$0.347709 |
August 14, 2007 |
August 15, 2007 |
4.2% |
$4.680299 |
|
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 3 |
July 19, 2006 |
$0.236577 |
August 14, 2007 |
August 15, 2007 |
2.8% |
$2.941163 |
|
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 3 |
July 19, 2006 |
$0.236577 |
August 14, 2007 |
August 15, 2007 |
2.8% |
$2.941163 |
|
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 4 |
September 20, 2006 |
$0.288132 |
August 14, 2007 |
August 15, 2007 |
3.5% |
$2.511420 |
|
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 4 |
September 20, 2006 |
$0.288132 |
August 14, 2007 |
August 15, 2007 |
3.5% |
$2.511420 |
|
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 5 |
October 31, 2006 |
$0.531255 |
August 14, 2007 |
August 15, 2007 |
6.4% |
$3.164563 |
|
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 5 |
October 31, 2006 |
$0.531255 |
August 14, 2007 |
August 15, 2007 |
6.4% |
$3.164563 |
|
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 6 |
December 20, 2006 |
$0.622262 |
August 14, 2007 |
August 15, 2007 |
7.5% |
$3.639706 |
|
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 6 |
December 20, 2006 |
$0.622262 |
August 14, 2007 |
August 15, 2007 |
7.5% |
$3.639706 |
|
Bank of Montreal Sentry Select Canadian Income Deposit Notes, Series 7 |
March 14, 2007 |
$0.645638 |
August 14, 2007 |
August 15, 2007 |
7.7% |
$2.281344 |
|
Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes, Series 7 |
March 14, 2007 |
$0.645638 |
August 14, 2007 |
August 15, 2007 |
7.7% |
$2.281344 |
Deposit Notes: Bank of Montreal Sentry Select Canadian Income Deposit Notes and Bank of Montreal Sentry Select R.O.C. Canadian Income Deposit Notes (collectively, the “Deposit Notes”) are deposit notes, issued by Bank of Montreal. The performance of the Deposit Notes is linked to the appreciation of a basket comprised of (i) an income trust portfolio managed by Sandy McIntyre, Senior Vice-President and Senior Portfolio Manager, Sentry Select (“Income Portfolio”), and (ii) a notional bond portfolio (collectively, the “Basket”). The Income Portfolio is designed primarily to replicate the performance of Sentry Select Canadian Income Fund, as set out in the Information Statement.
Future distributions: Bank of Montreal will pay to each holder distributions in an amount equal to 75% of all distributions, if any, received on the Income Portfolio component of the Basket. The allocation of the Income Portfolio to the Basket may be more or less than 100% and distributions paid in respect of the Income Portfolio will fluctuate from month to month. There is no guarantee that the investment manager or the individual income funds will be able to maintain their levels of distribution or that the Income Portfolio will make any distribution.
Website: To find out more about the Deposit Notes, net asset values and investment objectives, please visit www.sentryselect.com.
Sentry Select Capital Corp.: Sentry Select is a Canadian wealth management company that manages over $8 billion in gross assets as of June 30, 2007. The company offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select. is the leading manager and/or advisor to entities listed on the Toronto Stock Exchange. In addition, Sentry Select manages and/or provides advisory services to 4 reporting issuers listed on the TSX Venture Exchange.
More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries)
Tel: 1-888-246-6656 Fax: 416-364-1197 info@sentryselect.com
Disclosure of how variable interest (if any) on the Deposit Notes is calculated is contained in the related Information Statement. This release is issued for information purposes only and does not constitute an offer to sell or a solicitation to purchase the Deposit Notes. The prices, value and/or income the Deposit Notes produce may fluctuate and/or be adversely affected by a number of factors. The distributions on the units in the Portfolio will directly impact the amount of principal repaid in the case of the R.O.C. Canadian Income Deposit Notes, and interest paid, in the case of the Canadian Income Deposit Notes, in any year prior to maturity. The fluctuation of the value of the Portfolio will directly impact the return, if any, on the Deposit Notes at maturity. In addition, the return payable at maturity on the R.O.C. Deposit Notes, if any, will be reduced by a percentage of the amounts you receive prior to maturity pursuant to a formula set out in the related Information Statement.
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