Portfolio Update

RNS Number : 7949Y
Canadian General Investments Ld
03 December 2014
 



NEWS RELEASE TRANSMITTED BY MARKETWIRED

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

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

LONDON STOCK EXCHANGE: CGI

 

December 3, 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 November 30, 2014 was $27.31, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.3% and 11.8%, respectively.  These compare with the 11.0% and 13.3% 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 November 30, 2014 was $20.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 11.4% and 18.4%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of November 30, 2014 were as follows:

 

Financials

24.1%

Industrials

17.1%

Energy

17.1%

Consumer Discretionary

16.5%

Materials

10.6%

Information Technology

7.0%

Telecommunication Services

3.3%

Consumer Staples

1.3%

Utilities

1.0%

Cash & Cash Equivalents

1.0%

Health Care

1.0%

 

The top ten investments which comprised 32.2% of the investment portfolio at market as of

November 30, 2014 were as follows:

 

Dollarama Inc.

5.4%

Canadian Pacific Railway Limited

3.9%

Enbridge Inc.

3.6%

Bank of Montreal

3.2%

Element Financial Corporation

2.8%

Royal Bank of Canada

2.8%

West Fraser Timber Co. Ltd.

2.7%

Air Canada

2.6%

Open Text Corporation

2.6%

Yahoo! Inc.

2.6%

 

 



-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.canadiangeneralinvestments.ca

 

 

 

                                                 

                                                                                                                     


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