- Definitive materials filed by investment companies. (497)
March 15 2012 - 3:11PM
Edgar (US Regulatory)
The
Sentinel Funds
Class A, Class C, Class
S and Class I
Supplement dated March
15, 2012
to the Prospectus
dated March 30, 2011, as supplemented to date
Effective March 29, 2012 (the “Effective Date”), the
following changes will be effective with respect to Sentinel Group Funds, Inc.
(the “Funds”).
Sales Charges, Financial Intermediary Compensation and
CDSC Schedules for Class A Shares
On the Effective Date, the following sales charge, financial
intermediary compensation and Contingent Deferred Sales Charge (“CDSC”) schedules
will apply to Class A shares of the Funds as indicated:
Class A Shares of Balanced, Capital Growth, Common Stock,
Conservative Strategies, Growth Leaders, International Equity, Mid Cap, Mid Cap
II, Small Company, Sustainable Core Opportunities and Sustainable Mid Cap
Opportunities Funds:
|
|
Sales charge as
a percentage of:
|
Dealer
Reallowance
|
|
Invested Assets
|
Offering Price
|
Net Amount
Invested
|
|
$0 to $24,999
|
5.00%
|
5.26%
|
4.50%
|
|
$25,000 to $49,999
|
4.50%
|
4.71%
|
4.25%
|
|
$50,000 to $99,999
|
4.00%
|
4.17%
|
3.75%
|
|
$100,000 to $249,999
|
3.00%
|
3.10%
|
2.75%
|
|
$250,000 to $999,999
|
2.00%
|
2.04%
|
1.75%
|
|
$1,000,000 and over
|
0.00%
|
0.00%
|
0
(1)
|
(1)
Distributor may pay the following compensation
to securities dealers who initiate purchases of Class A shares of $1 million or
more. However, if shares are redeemed prior to 12 months after the date of
purchase, they will be subject to a CDSC of 1% unless a CDSC waiver applies.
|
Invested Assets (based on ROA)
|
Compensation
|
|
for the portion up to and including $2 million
|
1.00%
|
|
for the portion of the order exceeding $2 million up to
and including $4 million
|
0.70%
|
|
for the portion exceeding $4 million
|
0.50%
|
Class A Shares of Government Securities and Total Return
Bond Funds:
|
|
Sales charge as
a percentage of:
|
Dealer
Reallowance
|
|
Invested Assets
|
Offering Price
|
Net Amount
Invested
|
|
$0 to $99,999
|
2.25%
|
2.30%
|
2.00%
|
|
$100,000 to $249,999
|
1.75%
|
1.78%
|
1.50%
|
|
$250,000 to $499,999
|
1.25%
|
1.27%
|
1.00%
|
|
$500,000 and over
|
0.00%
|
0.00%
|
0
(2)
|
(2)
Distributor may pay the following commission
to securities dealers who initiate purchases of Class A shares of $500,000 or
more. However, if shares are redeemed prior to 12 months after the date of
purchase, they will be subject to a CDSC of .50% unless a CDSC waiver applies.
|
Invested Assets (based on ROA)
|
Compensation
|
|
for the portion up to and including $2.5 million
|
0.50%
|
|
for the portion of the order exceeding $2.5 million up to
and including $15 million
|
0.25%
|
|
for the portion exceeding $15 million
|
0.15%
|
Class A Shares of Short Maturity Government Fund:
|
|
Sales charge as
a percentage of:
|
Dealer
Reallowance
|
|
Invested Assets
|
Offering Price
|
Net Amount
Invested
|
|
$0 to $999,999
|
1.00%
|
1.01%
|
.75%
|
|
$1,000,000 and over
|
0.00%
|
0.00%
|
0
(3)
|
(3)
Distributor may pay the following commission
to securities dealers who initiate purchases of Class A shares of $1 million or
more. However, if shares are redeemed prior to 12 months after the date of
purchase, they will be subject to a CDSC of .50% unless a CDSC waiver applies.
|
Invested Assets (based on ROA)
|
Compensation
|
|
for the portion up to and including $2 million
|
0.50%
|
|
for the portion of the order exceeding $2 million up to
and including $4 million
|
0.35%
|
|
for the portion of the order exceeding $4 million
|
0.25%
|
Sentinel Conservative Strategies Fund – Reduction in
Investment Minimums
On the Effective Date, the initial investment minimum for non-retirement
accounts held in Class A or Class C shares of the Sentinel Conservative
Strategies Fund will be reduced from $5,000 to $1,000. The investment minimum
for subsequent investments in non-retirement accounts held in Class A or Class
C shares will be reduced from $100 to $50. In addition, the investment minimum
for automatic investment plans in Class A or Class C shares will be reduced
from $100 to $50.
Portfolio Manager Changes
The following portfolio manager changes will become
effective on the Effective Date:
Jason Doiron, Senior Vice President with Sentinel Asset
Management, Inc., (“Sentinel”) will be a portfolio manager on the Sentinel
Balanced, Sentinel Government Securities and Sentinel Short Maturity Government
Funds.
Dan Manion, Senior Vice President with Sentinel, will be
named lead portfolio manager on the Sentinel Balanced Fund.
Stacey Ho, Vice President with Sentinel, will no longer be a
portfolio manager on the Sentinel International Equity Fund.