Login
Français
 

Products

Historical/Other information
Home > Products > Product Details

Sentry Select Canadian Income Fund / Class

Snapshot

Canadian Income Class
TSX Symbol/Fund Code: NCE517
Inception Date: March 27, 2006
Investment Type: Mutual Fund
 
Canadian Income Fund
TSX Symbol/Fund Code: NCE717
Inception Date: February 11, 2002
Investment Type: Mutual Fund
 
Portfolio Manager:
Michael Simpson
Details
Portfolio Manager:
Sandy McIntyre
Details
Portfolio Manager:
Aubrey Hearn
Details
Net Asset Value
NAVPU NAV Date
Canadian Income Class $7.61 July 3, 2009
Canadian Income Fund $11.93 July 3, 2009
show all
 
 

back to top

Product overview


Sentry Select Canadian Income Fund / Class aims to provide a consistent monthly income and capital appreciation by investing primarily in a diversified portfolio of Canadian securities including equities, fixed-income instruments, REITs and income trusts. The Fund was awarded the 2005 Canadian Income Trust Fund of the Year Award and was also a finalist in 2006*, 2007, and 2008.

Investors benefit in several key ways:
• Higher yield and greater tax-efficiency than bonds and guaranteed investments
• Stable monthly distributions, thanks to broadly diversified investments
• Potential long-term capital appreciation

The Fund meets the needs of investors requiring a steady, tax-efficient income stream. Investors seeking growth can have monthly distributions automatically reinvested to purchase additional units of the Fund, ensuring increased growth through compounding.

*Canadian Investment Awards

back to top

Performance


Sentry Select Canadian Income Fund:

Average Annual Compound Returns (as of June 30, 2009) - Series A
YTD
3 Month
6 Month
1 Year
3 Year
5 Year
SI
9.4%
14.1%
9.4%
-20.1%
-3.3%
7.2%
10.1%

Annual Returns

2008

2007
2006
2005
2004
2003
2002*

 -22.8%

8.1%
4.6%
22.6%
31.0%
34.4%
-1.2%
*Total return for the period February 11, 2002 - December 31, 2002


Sentry Select Canadian Income Class:

Average Annual Compound Returns (as of June 30, 2009)
YTD
3 Month
6 Month
1 Year
3 Year
5 Year
SI
9.3%
14.1%
9.3%
-20.0%
-3,2%
n/a
-3.3%

Annual Returns

 
 
 
2008
2007
 
 
 
 -22.7%
8.2%

back to top

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.

Sandy McIntyre, Senior Vice-President and Chief Investment Officer

Sandy joined Sentry Select in 2000; he provides guidance and oversight to the investment management department.

Aubrey Hearn, Associate Portfolio Manager

Aubrey joined Sentry Select in 2005; he focuses on business trusts in the consumer and industrial sectors.

back to top

Distributions


Canadian Income Fund
Current monthly distributions of $0.0775

2008

2007

2006
2005
2004
2003
20021
From income (exc. dividends)

0.57

0.56

0.56
0.39
0.38
0.35
0.80
From dividends

0.13

0.12

0.13
0.07
-
-
-
From capital gains

0.15

0.43

0.07
0.44
0.46
0.14
-
Return of capital

0.08

-

0.17
0.02
0.15
0.32
-
Total distributions2,3

0.93

1.11

0.93
0.92
0.99
0.81
0.80
1 Results are for the period from February 11, 2002 to December 31, 2002.
2 Distributions are based on the actual number of units outstanding at the relevant time.
3 Distributions were both paid in cash and reinvested in additional units of the Fund.


Canadian Income Class
Current monthly distributions of $0.0375
 2008
 2007
20061
From divdends

0.41

0.30

-

From capital gains

0.04

0.15

-

Return of capital
- 
 -
0.34
Total distributions2,3 
 0.45
 0.45
0.34
1 Results are for the period from March 27, 2006 to December 31, 2006.
2 Distributions are based on the actual number of shares outstanding at the relevant time.
3 Distributions were both paid in cash and reinvested in additional units of the Fund.

back to top

Portfolio holdings


Sentry Select Canadian Income Class invests in units of Sentry Select Canadian Income 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: $ 414,545,081 (Canadian Income Fund)

Top 10 holdings (unaudited)
Name of security

% of net assets

Parkland Income Fund4,36
Colabor Income Fund3,88
Morneau Sobeco Income Fund3,59
Canadian REIT3,39
AltaGas Income Trust3,34
Republic Services, Inc,3,31
Vermilion Energy Trust3,17
Bell Aliant Regional Communications Income Fund3,08
K-Bro Linen Income Fund3,03
CML Healthcare Income Fund2,98

Portfolio Allocation by Sector (unaudited)
Sector

% of net assets

Energy20,66
Industrials15,76
REIT14,28
Utilities8,34
Consumer staples7,75
Financials7,56
Telecommunication services6,38
Bonds5,14
Health care2,98
Consumer discretionary            2,04
Information technology1,87
Materials1,44
Cash5,80
Total net assets100,00

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

back to top
Copyright © 2008
Website Recording by Q4 Web Systems 3.5.3.192