NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
February 4, 2015
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, 2015 was $27.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.6% and 8.8%, respectively. These compare with the 0.5% and 10.3% 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 January 31, 2015 was $18.84, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -6.0% and 11.0%, respectively.
The sector weightings of CGI's investment portfolio at market as of January 31, 2015 were as follows:
Financials |
21.3% |
Consumer Discretionary |
16.5% |
Industrials |
16.1% |
Energy |
16.0% |
Materials |
13.7% |
Information Technology |
7.3% |
Telecommunication Services |
3.3% |
Consumer Staples |
1.7% |
Cash & Cash Equivalents |
1.5% |
Utilities |
1.1% |
Health Care |
1.1% |
The top ten investments which comprised 34.5% of the investment portfolio at market as of
January 31, 2015 were as follows:
Dollarama Inc. |
6.2% |
Enbridge Inc. |
4.3% |
Canadian Pacific Railway Limited |
4.0% |
West Fraser Timber Co. Ltd. |
3.4% |
Franco-Nevada Corporation |
3.2% |
Open Text Corporation |
2.8% |
Bank of Montreal |
2.8% |
Air Canada |
2.8% |
Brookfield Canada Office Properties |
2.5% |
Yahoo! 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