Canadian General Investments: Investment Update - Unaudited

Monday, December 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 November 30, 2016 was $27.99 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 17.8% and 12.2%, respectively.  These compare with the 19.1% and 15.5% 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 November 30, 2016 was $18.53, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 2.5% and 0.8%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of November 30, 2016 were as follows:
 

Energy

19.7%

Materials

18.7%

Consumer Discretionary

17.0%

Financials

13.7%

Industrials

12.4%

Information Technology

10.0%

Telecommunication Services

3.0%

Real Estate

2.2%

Consumer Staples

2.0%

Utilities

1.0%

The top ten investments which comprised 33.5% of the investment portfolio at market as of November 30, 2016 were as follows:

Dollarama Inc.

5.6%

First Quantum Minerals Ltd.

3.8%

Franco-Nevada Corporation

3.3%

Bank of Montreal

3.3%

Open Text Corporation

3.3%

Canadian Pacific Railway Limited

3.2%

CCL Industries Inc.

3.0%

Royal Bank of Canada

2.9%

Enbridge Inc.

2.6%

NVIDIA Corporation

2.5%
 
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729