Canadian General Investments: Investment Update - Unaudited

Thursday, August 4, 2016
 
NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, 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 July 31, 2016 was $25.97, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.0% and -0.4%, respectively.  These compare with the 14.1% and 4.0% 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 July 31, 2016 was $18.25, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -0.8% and -3.9%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of July 31, 2016 were as follows:

Materials

20.1%

Consumer Discretionary

17.8%

Energy

17.6%

Financials

16.9%

Industrials

12.5%

Information Technology

7.5%

Telecommunication Services

3.5%

Consumer Staples

2.1%

Utilities

1.2%

Cash & Cash Equivalents

0.9%

The top ten investments which comprised 34.2% of the investment portfolio at market as of July 31, 2016 were as follows:

Dollarama Inc.

5.7%

Franco-Nevada Corporation

4.6%

Bank of Montreal

3.3%

Canadian Pacific Railway Limited

3.3%

Open Text Corporation

3.2%

CCL Industries Inc.

3.2%

First Quantum Minerals Ltd.

2.9%

Royal Bank of Canada

2.8%

AutoZone, Inc.

2.6%

Enbridge Inc.

2.6%
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729