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Sentry Select Principal-Protected Blue Chip Notes'TM' Series VI Raises $16 Million; Total Raised in Series: $181.5 Million.


TORONTO -- Sentry Select Capital Corp. is pleased to announce that its offering of Sentry Select Principal-Protected Blue-Chip Notes(TM) Series VI has raised gross proceeds of $15,829,900.

The total amount raised in the Sentry Select Principal-Protected Blue-Chip Notes(TM) series now stands at $181,500,300.

Benchmark portfolio

Sentry Select Principal-Protected Blue Chip Notes(TM) are deposit notes, issuable in series by National Bank of Canada This article is about a commercial bank. For Canada's central bank, see Bank of Canada.

National Bank of Canada (Banque Nationale du Canada) TSX: NA is the sixth largest bank in Canada, and so is one of the Big Six banks.
, whose performance is linked to a benchmark portfolio composed of 15 blue-chip Canadian income trusts, 15 blue-chip Canadian stocks and 15 blue-chip U.S. stocks. The portfolio has been chosen by Sentry Select Capital Corp.

Principal plus appreciation

At maturity, after eight years, investors will be repaid their principal, plus appreciation in the benchmark portfolio, if any. The fluctuation of the value of the portfolio will directly impact the return payable. It is therefore possible that no return will be paid.

Early redemption

National Bank of Canada may redeem the Series VI Notes after four years at a price that will give investors the equivalent of a compound annual rate of return of approximately 9%.

Liquidity

A weekly secondary market will be maintained by National Bank Financial under normal market conditions to ensure the Notes' liquidity. There is no assurance that a secondary market will develop. Redemption of Notes within 24 months of their issue will be subject to an early trading charge.

The Manager

Sentry Select is a wealth management company with gross assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing.  of approximately $7.0 billion.

It is the manager or portfolio manager of:

- Sentry Select Diversified Income Trust (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
: SDT SDT Soldat
SDT Sigma Delta Tau (sorority)
SDT Signal Detection Theory (cognitive science)
SDT Service Description Table (Digital Video Broadcast data) 
.UN);

- Diversified Income Trust II (TSX: DTT DTT Deloitte Touche Tohmatsu (Deloitte & Touch Global Operations)
DTT Dithiothreitol (cytology reagent)
DTT Digital Terrestrial Television
DTT Discrete Trial Training
.UN);

- Select 50 S-1 Income Trust (TSX: SON.UN);

- Select 50 S-1 Income Trust II (TSX: SDE SDE - Software Development Environment: equivalent to SEE. .UN);

- Pro-Vest Growth & Income Fund (TSX: PRG.UN);

- Sentry Select Focused Growth & Income Trust (TSX: SFG.UN);

- COmmercial and INdustrial Securities Income Trust "COINS" (TSX: COI.UN);

- Multi Select Income Trust (TSX: MST.UN, MST.PR.A);

- Alliance Split Income Trust (TSX: ASI ASI,
n See Anxiety Sensitivity Index.
.UN, ASI.PR.A);

- Premier Value Income Trust (TSX: PVN.UN);

- Strategic Energy Fund (TSX: SEF.UN);

- MBS Adjustable Rate Income Fund (TSX: MTF (1) (Modulation Transfer Function) A measurement of monitor sharpness. MTF compares the contrast ratio between alternating black and green lines that are one pixel thick. .UN);

- Sentry Select MBS Adjustable Rate Income Fund II (TSX: MGS.UN);

- Mortgage-Backed Securities Trust (TSX: MF.UN; TSX: MF.U);

- Sentry Select Blue-Chip Income Trust (TSX: SIT.UN);

- Sentry Select Global Index Income Trust (TSX: SGT.UN);

- CAPVEST Income Corp. (TSX-V: CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. );

- Sentry Select Principal-Protected Blue Chip Notes(TM);

- Three flow-through limited partnerships; and

- Eight mutual funds that focus on a broad range of sectors of the economy.
The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4



Terms of the Offering: The complete terms of the offering are set out in an Information Statement, which can be obtained by investors from their financial advisers.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:May 20, 2005
Words:469
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