Source: Sentry Investments

Sentry Select Capital Inc. announces the termination of Sentry China Fund effective March 25, 2011

TORONTO, ONTARIO--(Marketwire - Jan. 17, 2011) - The Board of Directors of Sentry Select Capital Inc. ("Sentry" or the "Trustee"), as trustee of the Sentry Group of Funds, has determined that it is in the best interests of the unitholders to terminate Sentry China Fund (the "Fund"). We anticipate that the Fund's termination will occur on or about March 25, 2011.

Due to the Fund's small asset size, it has become difficult to economically fulfil the Fund's mandate. Furthermore, the Fund has been in net redemption for a considerable period of time and is unlikely to attract significant new assets in the foreseeable future.

As a result of the imminent termination of the Fund, Sentry is no longer accepting new purchases of units. Sentry will continue to facilitate redemptions, transfers and switches to other mutual funds managed by Sentry prior to the Fund's termination. Leading up to the termination date, the Fund's assets will be liquidated, outstanding liabilities of the Fund will be discharged and the remaining net assets will, upon termination, be distributed to Unitholders. All expenses associated with the termination of the Fund will be borne by the Trustee.

Sentry China Fund

Sentry China Fund aims to provide a total return and quarterly cash distributions by investing in equity securities of companies that carry on the majority of their business in China.

Sentry Investments

Sentry Investments is a Canadian asset management company that offers a diverse range of investment products including mutual funds, hedge funds, flow-through limited partnerships and other alternative investments, covering a variety of domestic and global mandates.

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. 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 proposed date of termination for the Fund. 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 due to the inherent uncertainty therein. 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 the Sentry mutual funds, please visit their profiles at

Sentry Investments
The Exchange Tower
130 King Street West
Suite 2850, P.O. Box 104
Toronto, Ontario M5X 1A4
Telephone: (416) 861-8729
Fax: (416) 364-5615

Contact Information: Sentry Investments
Investor Relations
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416-364-1197 (FAX)