Sentry Select Global Real Estate Fund

Snapshot

Global Real Estate Fund - Class F units
TSX Symbol/Fund Code:
Inception Date: December 20, 2007
Conversion Date: February 1, 2010
Investment Type: Closed-end investment trust
 
Global Real Estate Fund - Class F warrants
TSX Symbol/Fund Code:
Inception Date: December 20, 2007
Investment Type: Closed-end investment trust
 
Global Real Estate Fund - Listed units
TSX Symbol/Fund Code: GRE.UN
Inception Date: December 20, 2007
Conversion Date: February 1, 2010
Investment Type: Closed-end investment trust
 
Global Real Estate Fund - Listed warrants
TSX Symbol/Fund Code: GRE.WT
Inception Date: December 20, 2007
Investment Type: Closed-end investment trust
 
Portfolio Manager:
Dennis Mitchell
Details
Portfolio Manager:
Sandy McIntyre
Details
Net Asset Value
NAVPU NAV Date
Global Real Estate Fund - Class F units $6.19 January 2, 2009
Global Real Estate Fund - Listed units $5.86 January 2, 2009
show all
 
Market Price
Price Change As Of
Global Real Estate Fund - Listed units $5.25 $0.33 January 5, 2009
Global Real Estate Fund - Listed warrants $0.01 -$0.01 January 5, 2009
show all
 

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Product overview


Sentry Select Global Real Estate Fund was created to capitalize on attractive investment opportunities in the global real estate market. It seeks to benefit from stable income from real estate issuers in mature real estate markets and opportunities for capital appreciation from emerging markets with faster-growing economies. The Fund offers Listed Units and Class F units.

Investors may benefit in several key ways;

  • Income from real estate issuers in mature real estate markets
  • Opportunities for capital appreciation from emerging markets with faster-growing economies
  • Additional return potential through warrants, exercisable on or before October 31, 2009
  • Conversion to an open-end mutual fund after two years (February 1, 2010)

The Fund meets the needs of investors seeking to enhance portfolio diversification. As an asset class with a low correlation to stocks and bonds, real estate securities can provide increased return potential and diversification within a well-balanced portfolio.

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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
-46.6%
-34.4%
-38,4%
n/a
n/a
n/a
-50.6%

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Portfolio managers

Dennis Mitchell, Portfolio Manager

Dennis joined Sentry Select in 2005; he specializes in real estate investment trusts(REITs).

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.

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Portfolio holdings


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

Net assets: $ 27,684,768


Top holdings: (unaudited)
Name of security

% of Net Assets

Boardwalk REIT8.51
H&R REIT7.76
Artis REIT7.60
Calloway REIT7.16
Allied Properties REIT7.12
Canadian REIT4.70
First Capital Realty Inc.4.36
RioCan REIT4.24
Proshares Trust3.13
The Link REIT2.67
Mainstreet Equity Corp.2.15
Compagnie Fonciere Klepierre2.03
Simon Property Group, Inc.1.86
Unibail1.81
Vornado Realty Trust1.57
Home Equity Income Trust0.58

Portfolio Breakdown: (unaudited)
Sector

% of Net Assets

Real Estate Investment Trusts (REITs)46.97
Canadian Equities7.08
Foreign Equities3.22
Cash & Cash Equivalents42.65
Other assets, net of liabilities0.08
Total Net Assets

100.00


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