TORONTO, CANADA--(Marketwired - April 6, 2015) - 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, 2015 was $28.09, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.4% and 8.5%, respectively. These compare with the 2.6% and 6.9% 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, 2015 was $20.71, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 4.0% and 19.7%, respectively.
The sector weightings of CGI's investment portfolio at market as of March 31, 2015 were as follows:
Financials | 21.4% |
Consumer Discretionary | 17.5% |
Industrials | 16.1% |
Energy | 15.9% |
Materials | 13.5% |
Information Technology | 7.1% |
Telecommunication Services | 3.1% |
Health Care | 2.1% |
Consumer Staples | 1.6% |
Utilities | 1.0% |
Cash & Cash Equivalents | 0.8% |
The top ten investments which comprised 34.7% of the investment portfolio at market as of
March 31, 2015 were as follows:
Dollarama Inc. | 7.0% |
Enbridge Inc. | 4.2% |
Canadian Pacific Railway Limited | 4.1% |
Element Financial Corporation | 3.0% |
West Fraser Timber Co. Ltd. | 3.0% |
Air Canada | 2.9% |
Bank of Montreal | 2.8% |
Franco-Nevada Corporation | 2.6% |
Open Text Corporation | 2.6% |
Royal Bank of Canada | 2.5% |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca