Canadian General Investments: Investment Update - Unaudited

Monday, July 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 June 30, 2015 was $27.72, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.5% and 1.9%, respectively.  These compare with the 0.9% and -1.2% 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, 2015 was $21.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 6.2% and 13.7%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of June 30, 2015 were as follows:

Financials

22.3%

Consumer Discretionary

18.4%

Energy

15.2%

Industrials

15.1%

Materials

14.1%

Information Technology

6.0%

Health Care

2.9%

Telecommunication Services

2.8%

Consumer Staples

1.8%

Utilities

0.9%

Cash & Cash Equivalents

0.5%

The top ten investments which comprised 35.3% of the investment portfolio at market as of June 30, 2015 were as follows:

Dollarama Inc.

7.3%

Enbridge Inc.

4.0%

Canadian Pacific Railway Limited

3.6%

Element Financial Corporation

3.5%

West Fraser Timber Co. Ltd.

3.2%

Air Canada

3.1%

Bank of Montreal

2.8%

Methanex Corporation

2.6%

Gildan Activewear Inc.

2.6%

Magna International 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