Canadian General Investments: Investment Update - Unaudited
NEWS RELEASE TRANSMITTED BY MARKETWIRED
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 December 31, 2013 was $25.64, resulting in a one-year NAV return, with dividends reinvested, of 20.9%. This compares with the 13.0% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.
The closing price for CGI’s common shares at December 31, 2013 was $18.40, resulting in an annual share price return, with dividends reinvested, of 22.0%.
The sector weightings of CGI’s investment portfolio at market as of December 31, 2013 were as follows:
| Financials | 21.9% |
| Energy | 19.1% |
| Consumer Discretionary | 15.1% |
| Industrials | 13.7% |
| Materials | 12.2% |
| Information Technology | 6.4% |
| Telecommunication Services | 3.7% |
| Health Care | 3.2% |
| Utilities | 1.8% |
| Consumer Staples | 1.6% |
| Cash & Cash Equivalents | 1.3% |
The top ten investments which comprised 30.1% of the investment portfolio at market as of December 31, 2013 were as follows:
| Dollarama Inc. | 4.7% |
| Enbridge Inc. | 3.4% |
| Catamaran Corporation | 3.2% |
| Canadian Pacific Railway Limited | 3.1% |
| Element Financial Corporation | 2.9% |
| Bank of Montreal | 2.8% |
| Royal Bank of Canada | 2.6% |
| Rogers Communications Inc. | 2.5% |
| Methanex Corporation | 2.5% |
| Stantec Inc. | 2.4% |
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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