Canadian General Investments: Investment Update - Unaudited

Wednesday, August 6, 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 July 31, 2014 was $28.27, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.2% and 31.8%, respectively.  These compare with the 14.5% and 26.5% 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 July 31, 2014 was $19.79, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 9.0% and 38.4%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of July 31, 2014 were as follows:

Financials

23.2%

Energy

22.2%

Consumer Discretionary

15.4%

Industrials

15.4%

Materials

11.8%

Information Technology

5.8%

Telecommunication Services

2.9%

Utilities

1.0%

Consumer Staples

1.0%

Health Care

0.8%

Cash & Cash Equivalents

0.4%

The top ten investments which comprised 30.0% of the investment portfolio at market as of July 31, 2014 were as follows:

Dollarama Inc.

4.4%

Canadian Pacific Railway Limited

3.6%

Enbridge Inc.

3.6%

Bank of Montreal

3.0%

Element Financial Corporation

2.7%

Royal Bank of Canada

2.7%

Methanex Corporation

2.6%

Air Canada

2.6%

Home Capital Group Inc.

2.5%

Stantec Inc.

2.3%

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729