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

Canadian General Investments, Limited

October 05, 2016 10:23 ET

Canadian General Investments: Investment Update - Unaudited

TORONTO, CANADA--(Marketwired - Oct. 5, 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 September 30, 2016 was $26.72 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.8% and 10.7%, respectively. These compare with the 15.8% and 14.2% 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 September 30, 2016 was $18.29, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.3% and 5.3%, respectively.

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

Energy 19.4 %
Consumer Discretionary 18.4 %
Materials 18.2 %
Financials 16.4 %
Industrials 10.9 %
Information Technology 9.2 %
Telecommunication Services 3.3 %
Consumer Staples 2.2 %
Utilities 1.1 %
Cash & Cash Equivalents 0.9 %

The top ten investments which comprised 34.6% of the investment portfolio at market as of September 30, 2016 were as follows:

Dollarama Inc. 6.0 %
Franco-Nevada Corporation 4.1 %
CCL Industries Inc. 3.4 %
Open Text Corporation 3.4 %
Bank of Montreal 3.4 %
Canadian Pacific Railway Limited 3.3 %
Royal Bank of Canada 2.8 %
First Quantum Minerals Ltd. 2.8 %
Enbridge Inc. 2.7 %
Amazon.com, Inc. 2.7 %

Contact Information