Canadian General Investments Ld
06 February 2007
NEWS RELEASE TRANSMITTED BY CCN MATTHEWS
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.A, CGI.PR.B, CGI.PR.C, CGI.WT
LONDON STOCK EXCHANGE: CGI, CGIW
February 6, 2007
Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an
unaudited basis that its diluted net asset value per share (NAV) at January 31,
2007 was $31.38, resulting in year-to-date and 12-month NAV returns, with
dividends reinvested, of 0.2% and 18.1%, respectively. This compares with the
1.2% and 11.8% 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 January 31 was $27.50, resulting in
year-to-date and 12-month market returns with dividends reinvested of 0.4% and
12.8%, respectively.
The sector weightings of CGI's investment portfolio at market as of January 31,
2007 were as follows:
Financials 27.1%
Materials 22.2%
Energy 21.5%
Industrials 9.6%
Consumer Discretionary 6.3%
Information Technology 3.7%
Telecommunication Services 3.4%
Consumer Staples 3.3%
Utilities 1.4%
Health Care 1.4%
Cash & Cash Equivalents 0.1%
The top ten investments, which comprised 20.1% of the investment portfolio at
market, excluding non-convertible preferred shares, as of January 31, 2007 were
as follows:
Cameco Corporation 2.6%
TSX Group Inc. 2.3%
Rogers Communications Inc. 2.3%
Caldwell New York Limited Partnership 2.1%
HudBay Minerals Inc. 2.1%
BPO Properties Ltd. 2.1%
Research In Motion Limited 1.7%
First Capital Realty Inc. 1.7%
Algoma Central Corporation 1.6%
Russel Metals Inc. 1.6%
Note 1: CGI's investment in the New York Stock Exchange through its holdings in
Caldwell New York Limited Partnership and Caldwell New York LP IV represented
3.7% of its investment portfolio at January 31, 2007.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.mmainvestments.com
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.