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

Canadian General Investments, Limited

April 05, 2011 16:53 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - April 5, 2011) - Canadian General Investments, Limited (CGI)(TSX:CGI)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2011 was $24.79, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.4% and 23.8%, respectively. These compare with the 5.6% and 20.4% 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 March 31, 2011 was $19.77, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 3.4% and 28.3%, respectively.

The sector weightings of CGI's investment portfolio at market as of March 31, 2011 were as follows:
 
Materials 28.9%
Energy 27.3%
Financials 15.0%
Consumer Discretionary 10.0%
Information Technology 6.1%
Industrials 5.6%
Utilities 2.4%
Cash & Cash Equivalents 2.1%
Telecommunication Services 1.9%
Consumer Staples    1.2% 
   
The top ten investments which comprised 29.6% of the investment portfolio at market as of March 31, 2011 were as follows:
 
Labrador Iron Ore Royalty Corporation 4.6%
BMTC Group Inc. 4.4%
SXC Health Solutions Corp. 2.9%
Pacific Rubiales Energy Corp. 2.7%
Brookfield Office Properties Canada 2.7%
Bank of Montreal 2.6%
IMAX Corporation 2.6%
Enbridge Inc. 2.4%
Blackpearl Resources Inc. 2.4%
Potash Corporation of Saskatchewan Inc. 2.3%

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