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

Canadian General Investments, Limited

May 04, 2011 10:19 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - May 4, 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 April 30, 2011 was $24.72, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.1% and 22.4%, respectively. These compare with the 4.5% and 17.2% 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 April 30, 2011 was $19.28, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 0.8% and 12.8%, respectively.

The sector weightings of CGI's investment portfolio at market as of April 30, 2011 were as follows:

Materials29.9%
Energy26.2%
Financials15.5%
Consumer Discretionary10.2%
Information Technology6.0%
Industrials5.9%
Utilities2.3%
Telecommunication Services1.9%
Cash & Cash Equivalents1.2%
Consumer Staples1.1%

The top ten investments which comprised 29.6% of the investment portfolio at market as of April 30, 2011 were as follows:

BMTC Group Inc.4.4%
Labrador Iron Ore Royalty Corporation4.3%
Pacific Rubiales Energy Corp.2.9%
SXC Health Solutions Corp.2.8%
IMAX Corporation2.7%
Brookfield Office Properties Canada2.6%
Blackpearl Resources Inc.2.6%
Bank of Montreal2.6%
Enbridge Inc.2.5%
Royal Bank of Canada2.2%

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