Sentry Select just published the Net Asset Value (NAV) of SDT.UN as of November 22, 2007 of $4.71. It closed at $4.04 resulting in a $0.67 discount to NAV. This translates to a 14.2% discount to NAV.
It appears that the diversified exchange traded funds move towards a 15% discount NAV when the market is weak and uncertain.
Investors can't go wrong by purchasing these funds at such a deep discounts but you must be willing to hang on until the price recovers and I recommend trading this particular fund when it gets close to NAV or they announce share offerings. This particular fund is not a buy and hold type investment in my opinion.
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