Canadian General Investments: Investment Update - Unaudited

Wednesday, December 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 November 30, 2014 was $27.31, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.3% and 11.8%, respectively.  These compare with the 11.0% and 13.3% 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 November 30, 2014 was $20.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 11.4% and 18.4%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of November 30, 2014 were as follows:

Financials

24.1%

Industrials

17.1%

Energy

17.1%

Consumer Discretionary

16.5%

Materials

10.6%

Information Technology

7.0%

Telecommunication Services

3.3%

Consumer Staples

1.3%

Utilities

1.0%

Cash & Cash Equivalents

1.0%

Health Care

1.0%

The top ten investments which comprised 32.2% of the investment portfolio at market as of November 30, 2014 were as follows:

Dollarama Inc.

5.4%

Canadian Pacific Railway Limited

3.9%

Enbridge Inc.

3.6%

Bank of Montreal

3.2%

Element Financial Corporation

2.8%

Royal Bank of Canada

2.8%

West Fraser Timber Co. Ltd.

2.7%

Air Canada

2.6%

Open Text Corporation

2.6%

Yahoo! Inc.

2.6%

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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