Sentry Select Total Strategy Fund

Snapshot

Total Strategy Fund
TSX Symbol/Fund Code: TSF.UN
Inception Date: August 25, 2006
Investment Type: Closed-end investment trust
 
Portfolio Manager:
Gordon Higgins
Details
Portfolio Manager:
Kevin MacLean
Details
Portfolio Manager:
Sandy McIntyre
Details
Portfolio Manager:
C.A. Bancorp Inc.
Details
Net Asset Value
NAVPU NAV Date
Total Strategy Fund $3.71 January 2, 2009
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Market Price
Price Change As Of
Total Strategy Fund $3.57 -$0.01 January 5, 2009
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Product overview


Sentry Select Total Strategy Fund offers investors access to the full breadth of Sentry Select’s extensive management expertise in one investment product. The Trust is designed to profit from both under and overvalued securities, and also offers a unique opportunity to participate in private equity investments.

Managed by a team of Sentry Select’s top portfolio managers, the Fund invests in a portfolio of Canadian equity and equity-related securities, including income trusts. The managers use a long-short strategy with, a long bias. Up to 25% of the portfolio will be invested in securities of private companies that the investment manager believes to be near-term initial public offering candidates.

Investors benefit in several key ways:

• Access to the full breadth of Sentry Select’s investment management expertise
• Total return strategy designed to profit from both under and overvalued securities
• Unique opportunity for retail investors to participate in private equity investments

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Performance


Average Annual Compound Returns - by Market Price  (as of November 30, 2008)
YTD
3 Month
6 Month
1 Year
3 Year
5 Year
SI
5.6%
-1.6%
9.1%
6.6%
n/a
n/a
1.4%

Annual Returns - by NAV

 
 
 
2007 
2006* 
 
 
 
 
 5.2%
3.4% 
*Total return for the period August 25, 2006 to December 31, 2006.

Annual Returns - by Market Price
 
 
 
 2007
2006* 
 
 
 
 
 7.9%

-11.3%

*Total return for the period August 25, 2006 to December 31, 2006.

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Portfolio managers

Gordon Higgins, Vice-President, Equities

Gordon joined Sentry Select in 2004; he leads the equity portfolio management team.

Kevin MacLean, Vice-President and Senior Portfolio Manager

Kevin joined Sentry Select in August 2004; he specializes in precious metals and mining equities.

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.

C.A. Bancorp Inc. , Sub Advisor

C.A. Bancorp Inc. (TSX: BKP) is an alternative asset manager that directly invests in and manages private equity investments and other alternative assets with strong growth prospects. The company is focused on investments in small- and mid-cap companies in the industrials, infrastructure, real estate and financial services sectors – four areas that offer strong cash flows, tangible assets and some of the most dynamic investment opportunities.

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Distributions


2007
20061
From dividends

0.04

0.01
From foreign dividends

0.02

-

Total distributions2
0.06
0.01

1 Results are for the period from July 27, 2006 to December 31, 2006.
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 September 30, 2008):

Net assets: $ 5,938,590

Top 25 holdings: (unaudited)
Name of security

% of Net Assets

C.A. Bancorp Financial Corp. (Private)30.31
High Fidelity HDTV Inc. (Private)21.05
Bermingham Construction Ltd. (Private)13.47
Salbro Holdings Ltd. (Private)5.47
PET Power Containers Inc.1.26

Portfolio Breakdown: (unaudited)
Sector

% of Net Assets

Equities and Bonds27.90 
Cash & Cash Equivalents58.18
Other assets, net of liabilities

13.92

Total Net Assets

100.00

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