Portfolio Update

RNS Number : 6393B
Canadian General Investments Ld
05 March 2014
 



NEWS RELEASE TRANSMITTED BY MARKETWIRED

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

March 5, 2014

 

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 28, 2014 was $26.54, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.9% and 21.1%, respectively.  These compare with the 4.8% and 14.3% 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 28, 2014 was $17.88, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.2% and 17.4%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of February 28, 2014 were as follows:

 

Financials

21.4%

Energy

19.7%

Consumer Discretionary

16.6%

Materials

13.6%

Industrials

13.0%

Information Technology

6.1%

Telecommunication Services

3.4%

Health Care

2.9%

Consumer Staples

1.5%

Utilities

1.3%

Cash & Cash Equivalents

0.9%

 

The top ten investments which comprised 29.7% of the investment portfolio at market as of

February 28, 2014 were as follows:

 

Dollarama Inc.

4.4%

Enbridge Inc.

3.3%

Canadian Pacific Railway Limited

3.2%

Methanex Corporation

3.0%

Element Financial Corporation

2.9%

Catamaran Corporation

2.9%

Bank of Montreal

2.8%

Royal Bank of Canada

2.5%

Stantec Inc.

2.4%

Brookfield Canada Office Properties

2.3%

 

 



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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.canadiangeneralinvestments.ca

 

                                                 

                                                                                                                     


This information is provided by RNS
The company news service from the London Stock Exchange
 
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