Sentry Select Canadian Resource Class

Snapshot

Canadian Resource Class
TSX Symbol/Fund Code: NCE711
Inception Date: March 2, 2000
Investment Type: Mutual fund
 
Portfolio Manager:
Kevin MacLean
Details
Portfolio Manager:
Laura Lau
Details
Net Asset Value
NAVPU NAV Date
Canadian Resource Class $36.46 August 27, 2008
show all
 
 

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Product overview


Sentry Select Canadian Resource Class aims to provide long-term capital appreciation by investing primarily in equity securities of companies in the oil and gas, mining and minerals, and natural resources industries.

The portfolio manager seeks the best companies, focusing on essential elements such as strong fundamentals and management expertise. Sector weightings vary to take advantage of changes in market conditions or economic trends.

Investors benefit in several key ways:
• Participation in the positive long-term outlook for commodities, driven by factors such as strong economic growth in Asia and tight worldwide supplies
• Long-term capital appreciation in sectors with the potential for above-market performance
• A hedge against inflation, as resources tend to outperform in times of economic expansion
• Daily liquidity at the net asset value (NAV)

The Class meets the needs of investors seeking to enhance portfolio diversification. As a sector with a low to moderate correlation to other asset classes, resources can provide increased return potential and diversification within a well-balanced portfolio.

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Performance


Average Annual Compound Returns (as of July 31, 2008)
YTD
3 Month
6 Month
1 Year
3 Year
5 Year
SI
0.3%
-6.6%
-2.5%
-8.7%
7.8%
18.8%
18.6%

Annual Returns

2007
2006
2005
2004
2003
2002
2001
-2.2%
8.7%
45.7%
22.9%
39.5%
15.7%
4.9%

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Portfolio managers

Kevin MacLean, Vice-President and Senior Portfolio Manager

Kevin joined Sentry Select in 2004 as a senior portfolio manager specializing in precious metals and mining equities.

Laura Lau, Senior Portfolio Manager

Laura specializes in the research and analysis of public and private Canadian energy equities, with an emphasis on small caps. She joined Sentry Select in 2004, bringing over 12 years of experience in the financial industry.

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Distributions


2007

2006

2005
2004
2003
From income (exc. dividends)

-

-

-
-
0.18
From capital gains

 3.002

-

-

-

-

Total distributions1

3.00

-

-
-
0.18
1 Distributions are based on the actual number of shares outstanding at the relevant time.
Notional distribution, which was reconsolidated into the fund.

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Portfolio holdings


Summary of investment portfolio (as of June 30, 2008):

Assets under management: $256,045,786

Top 25 holdings (unaudited)
Name of security

% of net assets

Quadra Mining Ltd.

13.48

Semafo Inc.

5.17

Osisko Mining Corp.

3.75

Storm Exploration Inc.

3.47

Yukon Nevada Gold Corp.

3.37

Galleon Energy Inc.

3.20

Aurizon Mines Ltd.

2.90

Yamana Gold Inc.

2.88

Bonavista Pete Limited

2.45

Progress Energy Trust

2.44

Breaker Energy Ltd.

2.41

Pacific Rubiales Energy Corp.

2.41

EnCana Corp.

2.37

Canadian Natural Resources Ltd.

2.12

Value Creation Inc.

2.07

First Uranium Corp.

2.06

Iteration Energy Ltd.

2.02

Kinross Gold Corp.

1.89

Nuvista Energy Ltd.

1.83

Cirrus Energy Corp.

1.78

Dianor Resources Inc.

1.78

Crescent Point Energy Trust

1.66

Laricina Energy Ltd.

1.47

Bankers Petroleum Ltd.

1.45

Canadian Zinc Corp.

1.36


Portfolio Allocation by Sector (unaudited)
Sector

% of net assets

Junior gold and silver mines

17.18

Small producers

16.72

Senior metals and minerals

14.76

International oil and gas producers

10.08

Intermediate producers

9.56

Income funds

7.71

Junior metals and minerals

6.99

Senior gold and silver mines

4.77

Large producers

4.49

Metals and minerals exploration

2.90

Diamond exploration

1.82

Integrated producers

0.86

Precious metals exploration

0.26

Cash

1.88

Total net assets

100.00

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