Portfolio Update

RNS Number : 4083C
Canadian General Investments Ld
04 March 2011
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

March 3, 2011

 

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, 2011 was $25.03, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.1% and 35.0%, respectively.  These compare with the 5.5% and 24.8% 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, 2011 was $19.86, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 3.5% and 34.8%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of February 28, 2011 were as follows:

 

Energy

30.4%

Materials

29.0%

Financials

14.5%

Consumer Discretionary

9.5%

Information Technology

5.9%

Industrials

5.2%

Utilities

2.3%

Telecommunication Services

1.8%

Consumer Staples

1.2%

Cash & Cash Equivalents

0.2%

 

The top ten investments which comprised 29.4% of the investment portfolio at market as of February 28, 2011 were as follows:

 

BMTC Group Inc.

4.3%

Labrador Iron Ore Royalty Corporation

4.1%

Pacific Rubiales Energy Corp.

3.8%

Brookfield Office Properties Canada

2.6%

Blackpearl Resources Inc.

2.6%

SXC Health Solutions Corp.

2.6%

Bank of Montreal

2.5%

Potash Corporation of Saskatchewan Inc.

2.4%

Enbridge Inc.

2.3%

Western Coal Corp.

2.2%

 

 



-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.mmainvestments.com

 

 

                                                 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
PFUDDGDXUDGBGBS
UK 100

Latest directors dealings