Portfolio Update

RNS Number : 0399E
Canadian General Investments Ld
03 May 2013
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

May 3, 2013

 

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 April 30, 2013 was $22.73, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.2% and 4.3%, respectively.  These compare with the 1.2% and 4.5% 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 April 30, 2013 was $15.95, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 1.7% and 2.8%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of April 30, 2013 were as follows:

 

Financials

21.9%

Energy

20.9%

Materials

17.7%

Consumer Discretionary

10.8%

Industrials

9.6%

Health Care

5.0%

Information Technology

4.2%

Telecommunication Services

4.1%

Utilities

3.3%

Cash & Cash Equivalents

1.8%

Consumer Staples

0.7%

 

The top ten investments which comprised 34.6% of the investment portfolio at market as of April 30, 2013 were as follows:

 

Catamaran Corporation

5.0%

Dollarama Inc.

4.3%

Enbridge Inc.

4.1%

Brookfield Canada Office Properties

3.7%

Labrador Iron Ore Royalty Corporation

3.6%

Franco-Nevada Corporation

3.2%

Rogers Communications Inc.

2.9%

Bank of Montreal

2.8%

Canadian Pacific Railway Limited

2.6%

Royal Bank of Canada

2.4%

 

 



-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
 
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