Portfolio Update

RNS Number : 2949S
Canadian General Investments Ld
05 November 2013
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

November 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 October 31, 2013 was $24.52, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.0% and 14.3%, respectively.  These compare with the 10.3% and 11.0% 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 October 31, 2013 was $17.30, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 11.1% and 16.5%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of October 31, 2013 were as follows:

 

Financials

22.0%

Energy

19.5%

Consumer Discretionary

14.8%

Materials

12.8%

Industrials

12.8%

Information Technology

5.7%

Health Care

4.0%

Telecommunication Services

3.8%

Utilities

2.5%

Consumer Staples

1.5%

Cash & Cash Equivalents

1.0%

 

The top ten investments which comprised 31.8% of the investment portfolio at market as of

October 31, 2013 were as follows:

 

Dollarama Inc.

4.9%

Catamaran Corporation

4.0%

Enbridge Inc.

3.4%

Bank of Montreal

3.0%

Brookfield Canada Office Properties

3.0%

Canadian Pacific Railway Limited

2.9%

Element Financial Corporation

2.9%

Royal Bank of Canada

2.6%

Rogers Communications Inc.

2.6%

Methanex Corporation

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
 
END
 
 
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