Canadian General Investments: Investment Update - Unaudited

Friday, June 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 May 31, 2016 was $25.00, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.9% and -7.5%, respectively.  These compare with the 9.5% and -3.3% 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 May 31, 2016 was $17.66, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -4.0% and -10.6%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of May 31, 2016 were as follows:

Financials

20.2%

Consumer Discretionary

19.7%

Materials

18.3%

Energy

16.7%

Industrials

12.0%

Information Technology

5.9%

Telecommunication Services

3.2%

Consumer Staples

2.1%

Utilities

1.1%

Cash & Cash Equivalents

0.8%

Health Care

0.0%

The top ten investments which comprised 33.2% of the investment portfolio at market as of May 31, 2016 were as follows:

Dollarama Inc.

5.5%

Franco-Nevada Corporation

3.9%

Bank of Montreal

3.4%

CCL Industries Inc.

3.3%

Open Text Corporation

3.2%

Canadian Pacific Railway Limited

2.9%

Royal Bank of Canada

2.9%

Raging River Exploration Inc.

2.7%

Gildan Activewear Inc.

2.7%

Brookfield Canada Office Properties

2.7%
 
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729