Canadian General Investments: Investment Update - Unaudited

Tuesday, April 5, 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 March 31, 2016 was $23.94, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -1.1% and -12.1%, respectively.  These compare with the 4.5% and -6.6% 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 March 31, 2016 was $17.95, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -3.3% and -9.6%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of March 31, 2016 were as follows:

Financials

20.8%

Consumer Discretionary

20.1%

Materials

16.3%

Energy

13.8%

Industrials

12.8%

Information Technology

6.3%

Telecommunication Services

3.5%

Cash & Cash Equivalents

2.3%

Consumer Staples

2.2%

Utilities

1.1%

Health Care

0.8%

The top ten investments which comprised 33.8% of the investment portfolio at market as of March 31, 2016 were as follows:

Dollarama Inc.

5.8%

Franco-Nevada Corporation

3.9%

CCL Industries Inc.

3.6%

Bank of Montreal

3.4%

Canadian Pacific Railway Limited

3.1%

Open Text Corporation

2.9%

Royal Bank of Canada

2.8%

Gildan Activewear Inc.

2.8%

Brookfield Canada Office Properties

2.8%

AutoZone, Inc.

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