Canadian General Investments: Investment Update - Unaudited

Thursday, September 3, 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 August 31, 2015 was $25.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -5.4% and -11.0%, respectively.  These compare with the -3.5% and -8.7% 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 August 31, 2015 was $18.80, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -4.2% and -4.4%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of August 31, 2015 were as follows:

Financials

22.4%

Consumer Discretionary

19.7%

Energy

14.6%

Industrials

14.4%

Materials

11.6%

Information Technology

6.5%

Telecommunication Services

3.1%

Cash & Cash Equivalents

2.9%

Consumer Staples

2.0%

Health Care

1.8%

Utilities

1.0%

The top ten investments which comprised 35.8% of the investment portfolio at market as of August 31, 2015 were as follows:

Dollarama Inc.

7.8%

Enbridge Inc.

4.0%

Canadian Pacific Railway Limited

3.7%

Element Financial Corporation

3.5%

Cash

2.9%

Bank of Montreal

2.9%

Air Canada

2.8%

Gildan Activewear Inc.

2.8%

Royal Bank of Canada

2.7%

Franco-Nevada Corporation

2.7%

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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