Sentry Select Small Cap Income Fund

Snapshot

Small Cap Income Fund
TSX Symbol/Fund Code: NCE721
Inception Date: July 27, 2005
Investment Type: Mutual fund
 
Portfolio Manager:
Michael Simpson
Details
Net Asset Value
NAVPU NAV Date
Small Cap Income Fund $11.36 March 15, 2010
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Product overview


Sentry Select Small Cap Income Fund aims to provide consistent monthly income and capital appreciation by investing primarily in small-cap income trusts, preferred securities, convertible debentures and, to a lesser extent, small-cap equities.

The Fund was awarded a 2010 Canadian Lipper Award* as best fund over three years in the Canadian small/mid-cap equity category. (Lipper Awards are given to funds that deliver consistently strong risk-adjusted returns compared to their peers.)

Investor suitability

  • Seeking regular income and the potential for long-term capital appreciation
  • * Lipper and Lipper corporate marks are proprietary trademarks of Lipper, a Thomson Reuters Company. © 2010 Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content is expressly prohibited without the prior written consent of Thomson Reuters.

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    Performance


    Average Annual Compound Returns (as of February 28, 2010) - Series A
    YTD
    3 Month
    6 Month
    1 Year
    3 Year
    5 Year
    SI
    4.2%9.5%23.6%55.1%8.1%-9.2%

    Annual Returns

    2009
    2008
    2007
    2006
    2005*
     43.5%
     -22.2%
    14.1%
    10.7%
    1.9%

    *Total return for the period July 29, 2005 - December 31, 2005

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    Portfolio managers

    Michael Simpson, Vice-President and Senior Portfolio Manager

    Michael joined Sentry Select in 2002; he specializes in commercial and industrial income trusts, as well as resource-based trusts.

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    Distributions


    Current monthly distributions of $0.05
    2009
    2008
    2007
    2006
    20051
    From income exc. dividends

    0.38

    0.36

    0.40
    0.34
    0.14
    From dividends

    0.04

    -

    0.19
    0.07
    0.01
    From capital gains

    -

     

    0.26
    0.15
    -
    Return of capital

    0.18

    0.24

    -

    0.04

    -

    Total distributions2

    0.60

    0.60

    0.85
    0.60
    0.15

    1 Results are for the period from July 29, 2005 - December 31, 2005.
    Distributions are based on the actual number of units outstanding at the relevant time.

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    Portfolio holdings


    Summary of investment portfolio (as of February 28, 2010):

    Assets under management: $ 41,843,723

    Top 10 holdings (unaudited)
    Security

    % of net assets

    Cargojet Income Fund5.23
    Black Diamond Inc.4.21
    Canexus Income Fund3.43
    K-Bro Linen Income Fund3.23
    Morneau Sobeco Income Fund3.21
    Lassonde Industries Inc. Cl. A, Sub-voting2.66
    Zargon Energy Trust2.25
    Badger Income Fund2.22
    Computer Modelling Group Ltd.2.13
    Allied Properties REIT2.12
    % in Top 1030.69


    Portfolio Allocation by Sector
    (unaudited)
    Sectors

    % of net assets

    Industrials35.16
    Energy11.67
    Real estate 9.64
    Consumer staples 7.35
    Materials 5.99
    Consumer discretionary 3.65
    Fixed income securities 3.42
    Financials 2.54
    Information technology 2.13
    Cash and cash equivalents18.45
    Total – actif net100.00

     Quarterly portfolio disclosure as of December 31, 2009 (Top 25)

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