Portfolio Update

RNS Number : 5279B
Canadian General Investments Ld
03 April 2013
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

April 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 March 31, 2013 was $22.91, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 5.0% and 5.3%, respectively.  These compare with the 3.3% and 6.1% 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, 2013 was $16.01, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 2.0% and -0.6%, respectively.

 

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

 

Financials

21.6%

Energy

21.0%

Materials

18.7%

Industrials

10.1%

Consumer Discretionary

10.1%

Health Care

4.6%

Telecommunication Services

4.2%

Information Technology

4.1%

Utilities

3.2%

Cash & Cash Equivalents

1.7%

Consumer Staples

0.7%

 

The top ten investments which comprised 34.1% of the investment portfolio at market as of March 31, 2013 were as follows:

 

Catamaran Corporation

4.6%

Enbridge Inc.

4.1%

Dollarama Inc.

3.8%

Labrador Iron Ore Royalty Corporation

3.7%

Brookfield Canada Office Properties

3.5%

Franco-Nevada Corporation

3.4%

Rogers Communications Inc.

3.0%

Bank of Montreal

2.8%

Canadian Pacific Railway Limited

2.8%

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
 
END
 
 
PFUDGGDSRUGBGXX
UK 100