Sentry Select Balanced Fund / Class aims to provide long-term returns by investing primarily in North American equities, equity-related instruments, fixed-income securities and other income-oriented investments.
The portfolio manager determines the appropriate asset mix for the fund based on a top-down evaluation of the economy and interest rates, as well as the relative valuations between stocks and income instruments. The goal is to construct a portfolio that will perform like an equity fund, but with lower volatility.
Investors benefit in several key ways:
• Broad diversification among North American equities and a wide range of fixed-income solutions
• Potential long-term capital appreciation, with less volatility than an equity fund
• Asset allocation based on current market conditions
• Daily liquidity at the Net Asset Value
The Funds meet the needs of investors who would like to participate in strong markets and have more stability during market uncertainty.
Sentry Select Balanced Class invests in units of Sentry Select Balanced Fund. The top 10 holdings and portfolio allocation listed below reflect those of the Fund.
Summary of investment portfolio (as of May 31, 2009):
Assets under management: $7,968,914 (Balanced Fund)
Top 10 holdings (unaudited)
| Security |
% of net assets |
| Talisman Energy Inc. |
4.13 |
| BCE Inc. |
3.80 |
| Microsoft Corp. |
3.70 |
| Intel Corporation |
3.24 |
| EnCana Corporation |
3.16 |
| Imperial Oil Ltd. |
3.06 |
| Diageo PLC |
3.00 |
| Canadian National Railway Company |
2.92 |
| Enbridge Inc. |
2.87 |
| Republic Services, Inc. |
2.78 |
Portfolio Allocation by Sector (unaudited)
| Sector |
% of net assets |
| Consumer staples |
20.49 |
| Energy |
15.90 |
| Financials |
12.83 |
| Bonds |
12.09 |
| Information technology |
9.60 |
| Telecommunication services |
8.74 |
| Industrials |
7.69 |
| Consumer discretionary |
2.91 |
| Utilities |
2.17 |
| Health care |
2.10 |
| Cash |
5.48 |
| Total net assets |
100.00 |
Quarterly portfolio disclosure as of March 31, 2009 (Top 25)