NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
February 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 January 31, 2014 was $25.71, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.2% and 17.6%, respectively. These compare with the 0.8% and 11.4% 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 January 31, 2014 was $17.65, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -4.1% and 15.2%, respectively.
The sector weightings of CGI's investment portfolio at market as of January 31, 2014 were as follows:
Financials |
20.8% |
Energy |
19.3% |
Consumer Discretionary |
15.3% |
Industrials |
13.7% |
Materials |
13.3% |
Information Technology |
6.4% |
Telecommunication Services |
3.7% |
Health Care |
3.5% |
Utilities |
1.9% |
Consumer Staples |
1.6% |
Cash & Cash Equivalents |
1.0% |
The top ten investments which comprised 30.1% of the investment portfolio at market as of
January 31, 2014 were as follows:
Dollarama Inc. |
4.5% |
Catamaran Corporation |
3.5% |
Enbridge Inc. |
3.4% |
Canadian Pacific Railway Limited |
3.2% |
Bank of Montreal |
2.7% |
Methanex Corporation |
2.7% |
Element Financial Corporation |
2.6% |
Stantec Inc. |
2.5% |
Royal Bank of Canada |
2.5% |
Rogers Communications 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.canadiangeneralinvestments.ca