Canadian General Investments: Investment Update - Unaudited
NEWS RELEASE TRANSMITTED BY MARKETWIRE
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA – Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2013 was $24.52, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.0% and 14.3%, respectively.These compare with the 10.3% and 11.0% 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 October 31, 2013 was $17.30, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 11.1% and 16.5%, respectively.
The sector weightings of CGI’s investment portfolio at market as of October 31, 2013 were as follows:
| Financials | 22.00% |
| Energy | 19.50% |
| Consumer Discretionary | 14.80% |
| Materials | 12.80% |
| Industrials | 12.80% |
| Information Technology | 5.70% |
| Health Care | 4.00% |
| Telecommunication Services | 3.80% |
| Utilities | 2.50% |
| Consumer Staples | 1.50% |
| Cash & Cash Equivalents | 1.00% |
The top ten investments which comprised 31.8% of the investment portfolio at market as of October 31, 2013 were as follows:
| Dollarama Inc. | 4.90% |
| Catamaran Corporation | 4.00% |
| Enbridge Inc. | 3.40% |
| Bank of Montreal | 3.00% |
| Brookfield Canada Office Properties | 3.00% |
| Canadian Pacific Railway Limited | 2.90% |
| Element Financial Corporation | 2.90% |
| Royal Bank of Canada | 2.60% |
| Rogers Communications Inc. | 2.60% |
| Methanex Corporation | 2.50% |
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.mmainvestments.com