Canadian General Investments: Investment Update - Unaudited
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, 2015 was $25.81, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -2.6% and -2.5%, respectively. These compare with the -5.4% and -5.8% 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, 2015 was $19.26, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -1.2% and 0.5%, respectively.
The sector weightings of CGI’s investment portfolio at market as of November 30, 2015 were as follows:
|
Financials |
22.3% |
|
Consumer Discretionary |
19.7% |
|
Industrials |
14.4% |
|
Materials |
13.1% |
|
Energy |
12.9% |
|
Information Technology |
6.1% |
|
Cash & Cash Equivalents |
4.1% |
|
Telecommunication Services |
3.2% |
|
Consumer Staples |
2.1% |
|
Health Care |
1.3% |
|
Utilities |
0.9% |
The top ten investments which comprised 35.0% of the investment portfolio at market as of November 30, 2015 were as follows:
|
Dollarama Inc. |
6.1% |
|
Cash |
4.1% |
|
Canadian Pacific Railway Limited |
3.7% |
|
CCL Industries Inc. |
3.4% |
|
Element Financial Corporation |
3.1% |
|
Enbridge Inc. |
3.1% |
|
Bank of Montreal |
3.1% |
|
Franco-Nevada Corporation |
2.9% |
|
Gildan Activewear Inc. |
2.8% |
|
Royal Bank of Canada |
2.7% |
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