Canadian General Investments, Limited
TSX : CGI
TSX : CGI.PR.C
TSX : CGI.PR.D
LSE : CGI

Canadian General Investments, Limited

May 04, 2016 15:15 ET

Canadian General Investments: Investment Update- Unaudited

TORONTO, CANADA--(Marketwired - May 4, 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 April 30, 2016 was $24.75, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.3% and -9.0%, respectively. These compare with the 8.4% and -5.4% 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 April 30, 2016 was $17.70, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -4.7% and -9.0%, respectively.

The sector weightings of CGI's investment portfolio at market as of April 30, 2016 were as follows:

Financials 20.5%
Consumer Discretionary 19.3%
Materials 18.9%
Energy 15.9%
Industrials 12.7%
Information Technology 5.6%
Telecommunication Services 3.2%
Consumer Staples 2.0%
Utilities 1.1%
Cash & Cash Equivalents 1.0%
Health Care 0.3%

The top ten investments which comprised 33.4% of the investment portfolio at market as of April 30, 2016 were as follows:

Dollarama Inc. 5.6%
Franco-Nevada Corporation 4.2%
Bank of Montreal 3.4%
CCL Industries Inc. 3.3%
Canadian Pacific Railway Limited 3.1%
Open Text Corporation 3.0%
Royal Bank of Canada 2.9%
Gildan Activewear Inc. 2.7%
Enbridge Inc. 2.6%
First Quantum Minerals Ltd. 2.6%

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