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
Portfolio Manager:
Mason Granger
Details
Net Asset Value
NAVPU NAV Date
Canadian Resource Class $21.27 January 6, 2009
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 November 30, 2008)
YTD
3 Month
6 Month
1 Year
3 Year
5 Year
SI
-52.7%
-48.7%
-57.2%
-49.8%
-18.2%
0.0%
8.0%

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 August 2004; he specializes in precious metals and mining equities.

Laura Lau, Senior Portfolio Manager

Laura joined Sentry Select in 2004; she specializes in energy equities.

Mason Granger, Portfolio Manager

Mason joined Sentry in 2008; he focuses on public and private Canadian energy equities, with an emphasis on small caps.

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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 September 30, 2008):

Assets under management: $156,710,543

Top 25 holdings (unaudited)
Name of security

% of net assets

Quadra Mining Ltd.

12.69

Semafo Inc.

6.60

Osisko Mining Corp.

4.94

Value Creation Inc.

4.70

Storm Exploration Inc.

3.35

Progress Energy Trust

3.07

Bonavista Energy Trust

2.91

Aurizon Mines Ltd.

2.77

Yamana Gold Inc.

2.45

Laricina Energy Ltd.

2.42

EnCana Corp.

2.39

Nuvista Energy Ltd.

2.15

Galleon Energy Inc.

1.97

Cirrus Energy Corp.

1.96

Kinross Gold Corp.

1.93

First Uranium Corp.

1.84

Breaker Energy Ltd.

1.81

Spry Energy Ltd.

1.59

Crescent Point Energy Trust

1.57

Iteration Energy Ltd.

1.51

Vermilion Energy Trust

1.47

Pacific Rubiales Energy Corp.

1.46

Canadian Natural Resources Ltd.

1.41

Dianor Resources Inc.

1.33

Kria Resources Inc.

1.30


Portfolio Allocation by Sector (unaudited)
Sector

% of net assets

Small oil and gas producers

22.61

Junior gold and silver mines

16.96

Intermediate oil and gas producers

15.01

Senior metals and minerals

13.67

Income funds

9.03

Junior metals and minerals

5.24

Senior gold and silver mines

4.37

Large oil and gas producers

3.79

Metals and minerals exploration

2.64

Intergrated producers

2.24

Diamond exploration

1.33

Precious metals exploration

0.18

Cash

2.93

Total net assets

100.00

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