Portfolio Update

RNS Number : 7366Y
Canadian General Investments Ld
05 March 2012
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

March 5, 2012

 

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 February 29, 2012 was $22.93, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 12.2% and -4.9%, respectively.  These compare with the 6.1% and -8.1% 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 February 29, 2012 was $17.40, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 8.7% and -7.9%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of February 29, 2012 were as follows:

 

Energy

26.7%

Materials

22.8%

Financials

19.0%

Industrials

8.8%

Consumer Discretionary

8.2%

Information Technology

8.0%

Telecommunication Services

3.0%

Utilities

2.8%

Consumer Staples

0.7%

Cash & Cash Equivalents

0.5%

Health Care

0.3%

 

The top ten investments which comprised 31.1% of the investment portfolio at market as of February 29, 2012 were as follows:

 

Labrador Iron Ore Royalty Corporation

4.5%

SXC Health Solutions Corp.

3.3%

Apple Inc.

3.3%

Enbridge Inc.

3.3%

Brookfield Canada Office Properties

3.1%

BMTC Group Inc.

3.0%

Pacific Rubiales Energy Corp.

2.9%

Franco-Nevada Corporation

2.7%

Bank of Montreal

2.5%

Dollarama Inc.

2.5%

 

 



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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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