Canadian General Investments: Investment Update - Unaudited

Tuesday, January 6, 2015
 
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 December 31, 2014 was $27.06, resulting in a one-year NAV return, with dividends reinvested, of 8.5%.  This compares with the 10.6% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.
 
The closing price for CGI’s common shares at December 31, 2014 was $20.05, resulting in an annual share price return, with dividends reinvested, of 13.3%.
 
The sector weightings of CGI’s investment portfolio at market as of December 31, 2014 were as follows:

Financials

23.5%

Consumer Discretionary

16.7%

Energy

16.7%

Industrials

16.4%

Materials

11.1%

Information Technology

7.0%

Telecommunication Services

3.3%

Consumer Staples

1.6%

Cash & Cash Equivalents

1.6%

Utilities

1.1%

Health Care

1.0%

The top ten investments which comprised 34.4% of the investment portfolio at market as of December 31, 2014 were as follows:

Dollarama Inc.

6.1%

Enbridge Inc.

4.2%

Canadian Pacific Railway Limited

4.1%

Bank of Montreal

3.2%

West Fraser Timber Co. Ltd.

3.1%

Air Canada

2.8%

Element Financial Corporation

2.8%

Royal Bank of Canada

2.8%

Open Text Corporation

2.7%

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