TORONTO, CANADA--(Marketwired - March 3, 2016) - Canadian General Investments, Limited (CGI) (TSX:CGI) (TSX:CGI.PR.C) (TSX:CGI.PR.D) (LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at February 29, 2016 was $22.29, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -7.9% and -18.6%, respectively. These compare with the -0.7% and -12.9% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.
The closing price for CGI's common shares at February 29, 2016 was $16.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -11.7% and -11.8%, respectively.
The sector weightings of CGI's investment portfolio at market as of February 29, 2016 were as follows:
| Financials | 20.6 | % |
| Consumer Discretionary | 18.9 | % |
| Materials | 12.5 | % |
| Industrials | 12.3 | % |
| Energy | 11.3 | % |
| Cash & Cash Equivalents | 10.4 | % |
| Information Technology | 6.4 | % |
| Telecommunication Services | 3.4 | % |
| Consumer Staples | 2.4 | % |
| Health Care | 1.5 | % |
| Utilities | 1.1 | % |
The top ten investments which comprised 40.6% of the investment portfolio at market as of February 29, 2016 were as follows:
| Cash | 10.4 | % |
| Dollarama Inc. | 5.2 | % |
| Franco-Nevada Corporation | 4.1 | % |
| Bank of Montreal | 3.3 | % |
| CCL Industries Inc. | 3.2 | % |
| Canadian Pacific Railway Limited | 3.1 | % |
| Open Text Corporation | 3.0 | % |
| AutoZone, Inc. | 2.9 | % |
| Royal Bank of Canada | 2.7 | % |
| Brookfield Canada Office Properties | 2.7 | % |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca