Sentry Select Equity Linked Y.I.E.L.D. Notes are a five-year investment designed to provide the potential for enhanced income compared to traditional fixed income investments, while protecting 100 per cent of the investor’s capital.

Investors receive an interest payment of 4.5 per cent for year one. For years two to five, the payment is based on the performance of a well-diversified portfolio of 10 Canadian blue-chip companies.

Investors benefit in several key ways:
• An interest payment of 4.5 per cent for the first year that is equivalent to a 5.72 per cent annualized yield (based on the period from the March 15, 2006 closing to the December 29, 2006 interest payment)
• Annual interest payments of up to 10 per cent for years two to five, based on the performance of 10 Canadian blue-chip companies
• A full 10 per cent interest payment for any one year even if the price of each stock has only increased by one cent from its price when the Y.I.E.L.D. Notes were issued
• No management fees
• 100 per cent protection of the original investment, principal protected provided by Bank of Montreal as issuer when the Y.I.E.L.D. Notes are held to maturity

Sentry Select Equity Linked Y.I.E.L.D. Notes meet the needs of conservative investors who want to diversify their income portfolios with an investment offering higher potential interest payments than traditional fixed income vehicles.