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

Canadian General Investments, Limited

July 03, 2008 11:21 ET

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA--(Marketwire - July 3, 2008) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.A)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2008 was $29.70, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -6.6% and -8.3%, respectively. These compare with the 6.0% and 6.7% 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 June 30, 2008 was $23.95, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -15.0% and -10.4%, respectively.

The sector weightings of CGI's investment portfolio at market as of June 30, 2008 were as follows:



Energy 25.6%
Materials 22.0%
Financials 18.1%
Industrials 11.7%
Consumer Discretionary 6.4%
Information Technology 6.1%
Telecommunication Services 4.0%
Consumer Staples 3.0%
Utilities 1.6%
Health Care 0.8%
Cash & Cash Equivalents 0.7%


The top ten investments, which comprised 23.5% of the investment portfolio at market, excluding non-convertible preferred shares, as of June 30, 2008 were as follows:



Research In Motion Limited 4.5%
Labrador Iron Ore Royalty Income Fund 2.6%
Cameco Corporation 2.5%
Rogers Communications Inc. 2.4%
TSX Group Inc. 2.3%
Urbana Corporation 1.9%
Enbridge Inc. 1.9%
BPO Properties Ltd. 1.8%
Algoma Central Corporation 1.8%
Ritchie Bros. Auctioneers Incorporated 1.8%


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