Canadian General Investments: Investment Update - Unaudited

Thursday, March 3, 2016
 
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 February 29, 2016 was $22.29, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -7.9% and -18.6%, respectively.  These compare with the -0.7% and -12.9% 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 February 29, 2016 was $16.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -11.7% and -11.8%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of February 29, 2016 were as follows:

Financials

20.6%

Consumer Discretionary

18.9%

Materials

12.5%

Industrials

12.3%

Energy

11.3%

Cash & Cash Equivalents

10.4%

Information Technology

6.4%

Telecommunication Services

3.4%

Consumer Staples

2.4%

Health Care

1.5%

Utilities

1.1%

The top ten investments which comprised 40.6% of the investment portfolio at market as of February 29, 2016 were as follows:

Cash

10.4%

Dollarama Inc.

5.2%

Franco-Nevada Corporation

4.1%

Bank of Montreal

3.3%

CCL Industries Inc.

3.2%

Canadian Pacific Railway Limited

3.1%

Open Text Corporation

3.0%

AutoZone, Inc.

2.9%

Royal Bank of Canada

2.7%

Brookfield Canada Office Properties

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