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% |
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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