Canadian General Investments: Investment Update - Unaudited

Thursday, April 3, 2014
 
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 March 31, 2014 was $26.62, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.3% and 20.1%, respectively.  These compare with the 6.1% and 16.0% 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 March 31, 2014 was $18.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -1.5% and 17.7%, respectively.

The sector weightings of CGI’s investment portfolio at market as of March 31, 2014 were as follows:

Financials
22.0%
Energy
20.9%
Consumer Discretionary
16.6%
Industrials
12.9%
Materials
12.5%
Information Technology
6.0%
Telecommunication Services
3.6%
Health Care
2.5%
Consumer Staples
1.3%
Utilities
1.1%
Cash & Cash Equivalents
0.5%
 
The top ten investments which comprised 29.6% of the investment portfolio at market as of
March 31, 2014 were as follows:
 
Dollarama Inc.
4.4%
Enbridge Inc.
3.6%
Canadian Pacific Railway Limited
3.1%
Element Financial Corporation
3.0%
Bank of Montreal
2.9%
Methanex Corporation
2.8%
Royal Bank of Canada
2.5%
Catamaran Corporation
2.5%
Brookfield Canada Office Properties
2.4%
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