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 January 31, 2014 was $25.71, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.2% and 17.6%, respectively. These compare with the 0.8% and 11.4% 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, 2014 was $17.65, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -4.1% and 15.2%, respectively.
The sector weightings of CGI’s investment portfolio at market as of January 31, 2014 were as follows:
| Financials | 20.8% |
| Energy | 19.3% |
| Consumer Discretionary | 15.3% |
| Industrials | 13.7% |
| Materials | 13.3% |
| Information Technology | 6.4% |
| Telecommunications Services | 3.7% |
| Health Care | 3.5% |
| Utilities | 1.9% |
| Consumer Staples | 1.6% |
| Cash & Cash Equivalents | 1.0% |
The top ten investments which comprised 30.1% of the investment portfolio at market as of January 31, 2014 were as follows:
| Dollarama Inc. | 4.5% |
| Catamaran Corporation | 3.5% |
| Enbridge Inc. | 3.4% |
| Canadian Pacific Railway Limited | 3.2% |
| Bank of Montreal | 2.7% |
| Methanex Corporation | 2.7% |
| Element Financial Corporation | 2.6% |
| Stantec Inc. | 2.5% |
| Royal Bank of Canada | 2.5% |
| Rogers Communications Inc. | 2.5% |
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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.canadiangeneralinvestments.ca