Portfolio Update

RNS Number : 0284I
Canadian General Investments Ld
03 March 2010
 



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, 2010

 

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, 2010 was $19.36 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.5% and 56.7%, respectively.  These compare with the -0.6% and 47.6% 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, 2010 was $15.55, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -1.8% and 78.9%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of February 28, 2010 were as follows:

 

Materials

26.9%

Energy

25.5%

Financials

16.3%

Industrials

6.9%

Consumer Discretionary

6.5%

Information Technology

5.8%

Cash & Cash Equivalents

4.7%

Consumer Staples

3.2%

Telecommunication Services

2.3%

Utilities

1.9%

 

The top ten investments which comprised 28.3% of the investment portfolio at market as of February 28, 2010 were as follows:

 

BMTC Group Inc.

3.9%

Labrador Iron Ore Royalty Income Fund

3.3%

BPO Properties Ltd.

3.1%

Royal Bank of Canada

2.8%

Canadian Treasury Bills

2.7%

Pacific Rubiales Energy Corp.

2.7%

Bank of Montreal

2.5%

Petrobank Energy and Resources Ltd.

2.5%

Franco-Nevada Corporation

2.5%

Enbridge Inc.

2.3%

 

 



-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
 
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