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

Canadian General Investments, Limited

July 06, 2016 15:51 ET

Canadian General Investments: Investment Update - Unaudited

TORONTO, CANADA--(Marketwired - July 6, 2016) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.D)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2016 was $24.63, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.4% and -8.2%, respectively. These compare with the 9.8% and -0.2% 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 June 30, 2016 was $18.01, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.1% and -10.3%, respectively.

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

Financials 19.8%
Materials 19.5%
Consumer Discretionary 19.4%
Energy 16.9%
Industrials 11.8%
Information Technology 5.8%
Telecommunication Services 3.4%
Consumer Staples 2.0%
Utilities 1.2%
Cash & Cash Equivalents 0.2%

The top ten investments which comprised 34.0% of the investment portfolio at market as of June 30, 2016 were as follows:

Dollarama Inc. 5.6%
Franco-Nevada Corporation 4.7%
Bank of Montreal 3.4%
Open Text Corporation 3.2%
CCL Industries Inc. 3.2%
Canadian Pacific Railway Limited 2.9%
Royal Bank of Canada 2.8%
Enbridge Inc. 2.8%
Brookfield Canada Office Properties 2.7%
AutoZone, Inc. 2.7%

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