Portfolio Update

RNS Number : 4151Z
Canadian General Investments Ld
05 February 2014
 



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

 

                                                 

                                                                                                                     


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