Canadian General Investments: Investment Update - Unaudited
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 May 31, 2014 was $27.00, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 6.2% and 25.0%, respectively. These compare with the 8.5% and 19.0% 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 May 31, 2014 was $18.35, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 1.1% and 20.8%, respectively.
The sector weightings of CGI’s investment portfolio at market as of May 31, 2014 were as follows:
|
Energy |
22.9% |
|
Financials |
22.3% |
|
Consumer Discretionary |
16.6% |
|
Industrials |
14.6% |
|
Materials |
11.4% |
|
Information Technology |
5.9% |
|
Telecommunication Services |
3.1% |
|
Consumer Staples |
1.2% |
|
Utilities |
1.0% |
|
Health Care |
0.8% |
|
Cash & Cash Equivalents |
0.2% |
The top ten investments which comprised 29.2% of the investment portfolio at market as of May 31, 2014 were as follows:
|
Dollarama Inc. |
4.6% |
|
Enbridge Inc. |
3.6% |
|
Canadian Pacific Railway Limited |
3.3% |
|
Bank of Montreal |
2.9% |
|
Element Financial Corporation |
2.7% |
|
Royal Bank of Canada |
2.5% |
|
Air Canada |
2.5% |
|
Home Capital Group Inc. |
2.4% |
|
Methanex Corporation |
2.4% |
|
Raging River Exploration Inc. |
2.3% |
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