Portfolio Update

RNS Number : 7923J
Canadian General Investments Ld
06 April 2010
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

TSX SYMBOLS: CGI, CGI.PR.B, CGI.PR.C

LONDON STOCK EXCHANGE: CGI

 

April 6, 2010

 

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 March 31, 2010 was $20.90, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.8% and 66.2%, respectively.  These compare with the 3.1% and 42.1% 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 March 31, 2010 was $16.25, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 3.0% and 62.6%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of March 31, 2010 were as follows:

 

Materials

27.5%

Energy

26.8%

Financials

15.8%

Industrials

7.1%

Consumer Discretionary

6.9%

Information Technology

6.0%

Cash & Cash Equivalents

3.3%

Consumer Staples

2.7%

Telecommunication Services

2.1%

Utilities

2.0%

 

The top ten investments which comprised 28.2% of the investment portfolio at market as of March 31, 2010 were as follows:

 

BMTC Group Inc.

3.9%

Labrador Iron Ore Royalty Income Fund

3.6%

Pacific Rubiales Energy Corp.

3.0%

Royal Bank of Canada

2.8%

BPO Properties Ltd.

2.7%

Bank of Montreal

2.6%

Canadian Treasury Bills

2.6%

Petrobank Energy and Resources Ltd.

2.4%

SXC Health Solutions Corp.

2.3%

Franco-Nevada Corporation

2.3%

 

 



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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
 
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