TORONTO, CANADA--(Marketwired - Feb. 3, 2016) - 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 January 31, 2016 was $22.86, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -6.2% and -13.5%, respectively. These compare with the -1.2% and -9.9% 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 January 31, 2016 was $16.81, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -10.3% and -7.2%, respectively.
| The sector weightings of CGI's investment portfolio at market as of January 31, 2016 were as follows: | |
| Financials | 21.8% |
| Consumer Discretionary | 19.0% |
| Industrials | 13.8% |
| Energy | 12.4% |
| Materials | 11.9% |
| Information Technology | 6.4% |
| Cash & Cash Equivalents | 6.1% |
| Telecommunication Services | 3.3% |
| Consumer Staples | 2.3% |
| Health Care | 1.8% |
| Utilities | 1.2% |
| The top ten investments which comprised 36.1% of the investment portfolio at market as of January 31, 2016 were as follows: | |
| Cash | 6.1% |
| Dollarama Inc. | 5.4% |
| Canadian Pacific Railway Limited | 3.5% |
| CCL Industries Inc. | 3.3% |
| Bank of Montreal | 3.3% |
| Franco-Nevada Corporation | 3.1% |
| Open Text Corporation | 3.1% |
| AutoZone, Inc. | 2.9% |
| Royal Bank of Canada | 2.8% |
| Enbridge Inc. | 2.6% |
Contact Information:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca