TORONTO, ON–(Marketwired – July 04, 2016) – Sentry Investments (“Sentry”) is pleased to announce the launch of Sentry Private Investment Program (the “Program”), the first high-net-worth investment program to pay equal attention to life before and during retirement.
To address the challenges before retirement (the wealth accumulation phase), the Program offers 10 Sentry Private Pools, each designed to generate capital growth and steady income while carefully managing risk.
To address the challenges during retirement (the wealth decumulation phase), the Program offers Sentry Real Income™, a breakthrough combination of technology and investments to help optimize inflation-adjusted income and the longevity of that income stream.
“Before retirement, investors are focused on growing and preserving their wealth. When they retire, their objectives shift to optimizing income during their retirement years,” said Sean Driscoll, Chief Executive Officer, Sentry Investments. “Wealth accumulation and wealth decumulation have their own unique investment challenges. We’re extremely excited to offer advisors a program that helps address both of these phases.”
Sentry Real Income™ includes two innovative investment solutions that are designed to maximize sustainable, inflation-adjusted retirement income*: Sentry Real Income Managed Portfolios, which are based on an investor’s year of birth and actively managed by Sentry, and Sentry Real Income Custom Solution, which enables financial advisors to develop personal retirement-income strategies and manage evolving retirement needs using the Sentry Real Income Engine™.
“During retirement your key risks are longevity, inflation and volatility of income,” said Sandy McIntyre, Vice-Chairman and Chief Investment Officer, Sentry Investments. “For longevity, you need a high probability that income will last through retirement. To deal with inflation and income volatility, you need stable monthly income that increases with inflation and is not affected by the volatility of markets. Real Income aims to solve for all three challenges.”
All private pools and portfolios within the Program will be available in Series A, Series F and Series O, and all — with the exception of two fixed-income pools — are offered in a corporate-class format.
Through the Program, investors also benefit from additional pricing discounts, applied back to dollar one, as they move to higher asset tiers, and further discounts available through household account linking. The minimum investment amount for the Sentry Private Pools and Sentry Real Income Managed Portfolios is $100,000; that minimum is waived if members of a household collectively invest $250,000 with Sentry. The minimum to participate in the Sentry Real Income Custom Solution is $250,000.
Below is the complete list of private pools and portfolios available within Sentry Private Investment Program:
Before retirement
Fixed income
Sentry Canadian Fixed Income Private Pool
Sentry Global Investment Grade Private Pool Class
Sentry Global Tactical Fixed Income Private Pool
Equity income
Sentry Canadian Equity Income Private Pool Class
Sentry U.S. Equity Income Private Pool Class
Sentry U.S. Equity Income Currency Neutral Private Pool Class
Sentry International Equity Income Private Pool Class
Sentry Global Equity Income Private Pool Class
Balanced
Sentry Balanced Yield Private Pool Class
Sentry Global Balanced Yield Private Pool Class
During retirement
Sentry Real Income Managed Portfolios
Sentry Real Income 1951-55 Class
Sentry Real Income 1946-50 Class
Sentry Real Income 1941-45 Class
Sentry Real Income Custom Solution
Sentry Real Growth Pool Class
Sentry Real Short Term Income Pool Class
Sentry Real Mid Term Income Pool Class
Sentry Real Long Term Income Pool Class
For more information, please contact Sentry Client Services at 1-888-698-5553 or visit www.sentry.ca.
SENTRY INVESTMENTS INC.
Sentry Investments was founded in 1997 and is one of Canada’s fastest-growing independent asset management companies. Sentry manages over $18 billion in assets on behalf of more than 500,000 Canadian investors. Sentry offers a diverse range of award-winning investment products, available through financial advisors, including domestic and global mutual funds, and separately managed accounts.
* “Inflation-adjusted retirement income”, as used herein refers to the monthly amount received through a systematic withdrawal plan that, in the second year of investment and each year thereafter, automatically increases (or decreases) on January 1st based on the Bank of Canada’s reported 12-month change in the seasonally adjusted Canadian CPI, as at November 30th of the previous year. For Sentry Real Income Managed Portfolios, the withdrawal amount is determined and initiated by the fund; for Sentry Real Income Custom Solution, the withdrawal amount is determined and initiated by the financial advisor. The income, in both cases, can be a combination of capital appreciation and income, as well as the original principal.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expect,” “intend,” “will” and similar expressions to the extent they relate to Sentry or the Program. The forward-looking statements are not historical facts but reflect Sentry’s current expectations regarding future results or events including, but not limited to, the ability of those mutual funds within the Program to meet their stated investment objective. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Sentry believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements. Sentry undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law. For a complete disclosure record of those mutual funds contained within the Program, please visit their respective profiles at www.sedar.com.
Sentry Investments Inc.
Commerce Court West
199 Bay Street, Suite 2700
P.O. Box 108
Toronto, ON M5L 1E2
Sentry Investments
Client Services (broker/investor inquiries)
1-888-698-5553 or 416-506-8429
1-800-406-6596 (fax)
[email protected]
www.sentry.ca
