Canadian General Investments, Limited

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


Canadian General Investments, Limited

May 05, 2014 16:18 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwired - May 5, 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 April 30, 2014 was $27.07, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 6.0% and 23.1%, respectively. These compare with the 8.6% and 21.3% 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, 2014 was $18.31, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.2% and 20.2%, respectively.

The sector weightings of CGI's investment portfolio at market as of April 30, 2014 were as follows:

Energy 23.5 %
Financials 21.9 %
Consumer Discretionary 16.5 %
Industrials 14.1 %
Materials 11.8 %
Information Technology 6.0 %
Telecommunication Services 3.1 %
Consumer Staples 1.2 %
Utilities 1.1 %
Health Care 0.7 %
Cash & Cash Equivalents 0.1 %

The top ten investments which comprised 28.9% of the investment portfolio at market as of April 30, 2014 were as follows:

Dollarama Inc. 4.6 %
Enbridge Inc. 3.7 %
Canadian Pacific Railway Limited 3.1 %
Bank of Montreal 2.9 %
Element Financial Corporation 2.6 %
Methanex Corporation 2.6 %
Royal Bank of Canada 2.5 %
Brookfield Canada Office Properties 2.3 %
Stantec Inc. 2.3 %
Home Capital Group Inc. 2.3 %

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