NEWS RELEASE TRANSMITTED BY MARKETWIRE
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.B, CGI.PR.C
LONDON STOCK EXCHANGE: CGI
February 5, 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 January 31, 2013 was $22.56, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.2% and 7.0%, respectively. These compare with the 2.3% and 5.0% 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, 2013 was $16.00, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 1.6% and 2.1%, respectively.
The sector weightings of CGI's investment portfolio at market as of January 31, 2013 were as follows:
Financials |
21.6% |
Energy |
21.1% |
Materials |
20.1% |
Industrials |
9.9% |
Consumer Discretionary |
9.6% |
Health Care |
4.5% |
Information Technology |
4.5% |
Telecommunication Services |
3.9% |
Utilities |
3.1% |
Cash & Cash Equivalents |
1.3% |
Consumer Staples |
0.7% |
The top ten investments which comprised 33.6% of the investment portfolio at market as of January 31, 2013 were as follows:
Catamaran Corporation |
4.5% |
Franco-Nevada Corporation |
3.9% |
Enbridge Inc. |
3.8% |
Labrador Iron Ore Royalty Corporation |
3.7% |
Brookfield Canada Office Properties |
3.7% |
Dollarama Inc. |
3.6% |
Bank of Montreal |
2.8% |
Rogers Communications Inc. |
2.7% |
Royal Bank of Canada |
2.5% |
Canadian Pacific Railway Limited |
2.4% |
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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