Veteran portfolio manager James Dutkiewicz to join Sentry Investments to lead fixed-income team

TORONTO, ONTARIO--(Marketwire - May 10, 2012) - Sentry Investments ("Sentry") has strengthened its fixed-income capabilities by adding James Dutkiewicz to lead its fixed-income portfolio management team effective May 16, 2012. Mr. Dutkiewicz will join Sentry Investments as Vice-President and Senior Portfolio Manager.

"We are excited to add a portfolio manager with James' expertise and track record," said Dennis Mitchell, Chief Investment Officer and Senior Portfolio Manager. "James' arrival further strengthens Sentry's award-winning portfolio management team."

Mr. Dutkiewicz will take over as lead portfolio manager of Sentry Tactical Bond Fund and Sentry Tactical Bond Capital Yield Class. He will also be responsible for the fixed-income investments for Sentry Conservative Balanced Income Fund, Sentry Conservative Balanced Income Class and Sentry Growth and Income Fund. Mr. Dutkiewicz will replace Shane Stuck, who is leaving the employ of Sentry, on the aforementioned funds. The investment objectives, investment strategies and all other attributes of each fund remain unchanged.

Mr. Dutkiewicz has over 19 years' experience analyzing and managing fixed-income securities. Prior to joining Sentry, James was responsible for managing or co-managing over $10 billion in assets as Vice-President, Portfolio Management and Portfolio Manager with Signature Global Advisors of CI Investments Inc. He has a B.A. in Economics from Wilfred Laurier University and holds the Chartered Financial Analyst (CFA) designation.

Sentry Investments

Sentry Investments is a Canadian asset management company with over $7 billion in assets under management on behalf of Canadian investors. Sentry offers a diverse range of investment products including mutual funds and flow-through limited partnerships. Sentry was recognized as Canada's Best Equity Funds Group at the 2011 and 2012 Lipper Fund Awards, and was one of only five companies in 2011 to receive the prestigious Brendan Wood International TopGun Asset Management Team Award.

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. Sentry Investments and the Sentry logo are trademarks of Sentry Select Capital Corp.

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 the Corporation. The forward-looking statements are not historical facts but reflect Sentry's current expectations regarding future results or events. 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 above mentioned funds, please visit www.sedar.com.