Canadian General Investments: Investment Update - Unaudited

Wednesday, February 4, 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 January 31, 2015 was $27.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.6% and 8.8%, respectively.  These compare with the 0.5% and 10.3% 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 January 31, 2015 was $18.84, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -6.0% and 11.0%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of January 31, 2015 were as follows:

Financials

21.3%

Consumer Discretionary

16.5%

Industrials

16.1%

Energy

16.0%

Materials

13.7%

Information Technology

7.3%

Telecommunication Services

3.3%

Consumer Staples

1.7%

Cash & Cash Equivalents

1.5%

Utilities

1.1%

Health Care

1.1%

The top ten investments which comprised 34.5% of the investment portfolio at market as of January 31, 2015 were as follows:

Dollarama Inc.

6.2%

Enbridge Inc.

4.3%

Canadian Pacific Railway Limited

4.0%

West Fraser Timber Co. Ltd.

3.4%

Franco-Nevada Corporation

3.2%

Open Text Corporation

2.8%

Bank of Montreal

2.8%

Air Canada

2.8%

Brookfield Canada Office Properties

2.5%

Yahoo! Inc.

2.5%

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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