Canadian General Investments: Investment Update - Unaudited

Friday, July 4, 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 June 30, 2014 was $28.01, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 10.2% and 36.3%, respectively.  These compare with the 12.9% and 28.7% 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 June 30, 2014 was $19.21, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 5.8% and 34.0%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of June 30, 2014 were as follows:

Energy

23.5%

Financials

21.7%

Consumer Discretionary

16.3%

Industrials

15.1%

Materials

11.5%

Information Technology

5.8%

Telecommunication Services

3.0%

Consumer Staples

1.0%

Utilities

1.0%

Health Care

0.8%

Cash & Cash Equivalents

0.2%

The top ten investments which comprised 29.1% of the investment portfolio at market as of June 30, 2014 were as follows:

Dollarama Inc.

4.4%

Enbridge Inc.

3.4%

Canadian Pacific Railway Limited

3.4%

Bank of Montreal

2.9%

Element Financial Corporation

2.6%

Air Canada

2.6%

Royal Bank of Canada

2.5%

Raging River Exploration Inc.

2.5%

Methanex Corporation

2.5%

Brookfield Canada Office Properties

2.3%

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FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Vanessa L. Morgan
Chairman
Phone: (416) 366-2931
Fax: (416) 366-2729