Canadian General Investments: Investment Update - Unaudited

Wednesday, October 5, 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 September 30, 2016 was $26.72 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.8% and 10.7%, respectively.  These compare with the 15.8% and 14.2% 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 September 30, 2016 was $18.29, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.3% and 5.3%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of September 30, 2016 were as follows:

Energy

19.4%

Consumer Discretionary

18.4%

Materials

18.2%

Financials

16.4%

Industrials

10.9%

Information Technology

9.2%

Telecommunication Services

3.3%

Consumer Staples

2.2%

Utilities

1.1%

Cash & Cash Equivalents

0.9%

The top ten investments which comprised 34.6% of the investment portfolio at market as of September 30, 2016 were as follows:

Dollarama Inc.

6.0%

Franco-Nevada Corporation

4.1%

CCL Industries Inc.

3.4%

Open Text Corporation

3.4%

Bank of Montreal

3.4%

Canadian Pacific Railway Limited

3.3%

Royal Bank of Canada

2.8%

First Quantum Minerals Ltd.

2.8%

Enbridge Inc.

2.7%

Amazon.com, Inc.

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