Canadian General Investments, Limited

TSX : CGI
TSX : CGI.PR.C
TSX : CGI.PR.D
LSE : CGI


Canadian General Investments, Limited

April 03, 2014 15:38 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwired - April 3, 2014) - 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 March 31, 2014 was $26.62, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.3% and 20.1%, respectively. These compare with the 6.1% and 16.0% 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, 2014 was $18.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -1.5% and 17.7%, respectively.

The sector weightings of CGI's investment portfolio at market as of March 31, 2014 were as follows:

Financials 22.0%
Energy 20.9%
Consumer Discretionary 16.6%
Industrials 12.9%
Materials 12.5%
Information Technology 6.0%
Telecommunication Services 3.6%
Health Care 2.5%
Consumer Staples 1.3%
Utilities 1.1%
Cash & Cash Equivalents 0.5%

The top ten investments which comprised 29.6% of the investment portfolio at market as of March 31, 2014 were as follows:

Dollarama Inc. 4.4%
Enbridge Inc. 3.6%
Canadian Pacific Railway Limited 3.1%
Element Financial Corporation 3.0%
Bank of Montreal 2.9%
Methanex Corporation 2.8%
Royal Bank of Canada 2.5%
Catamaran Corporation 2.5%
Brookfield Canada Office Properties 2.4%
Stantec Inc. 2.4%

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