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 July 31, 2013 was $22.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.1% and 9.7%, respectively. These compare with the 2.3% and 10.5% 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 July 31, 2013 was $15.02, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -3.9% and 4.5%, respectively.
The sector weightings of CGI’s investment portfolio at market as of July 31, 2013 were as follows:
| Financials | 23.20% |
| Energy | 20.90% |
| Materials | 14.60% |
| Consumer Discretionary | 13.60% |
| Industrials | 10.70% |
| Health Care | 4.80% |
| Information Technology | 3.90% |
| Telecommunication Services | 3.50% |
| Utilities | 3.10% |
| Consumer Staples | 1.20% |
| Cash & Cash Equivalents | 1.00% |
The top ten investments which comprised 33.0% of the investment portfolio at market as of July 31, 2013 were as follows:
| Catamaran Corporation | 4.80% |
| Dollarama Inc. | 4.40% |
| Enbridge Inc. | 4.00% |
| Brookfield Canada Office Properties | 3.20% |
| Labrador Iron Ore Royalty Corporation | 3.00% |
| Element Financial Corporation | 3.00% |
| Bank of Montreal | 2.90% |
| Canadian Pacific Railway Limited | 2.70% |
| Royal Bank of Canada | 2.60% |
| Rogers Communications Inc. | 2.40% |
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