Portfolio Update

RNS Number : 0259X
Canadian General Investments Ld
06 January 2014
 



NEWS RELEASE TRANSMITTED BY MARKETWIRED

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

January 6, 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 December 31, 2013 was $25.64, resulting in a one-year NAV return, with dividends reinvested, of 20.9%.  This compares with the 13.0% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.

 

The closing price for CGI's common shares at December 31, 2013 was $18.40, resulting in an annual share price return, with dividends reinvested, of 22.0%.

 

The sector weightings of CGI's investment portfolio at market as of December 31, 2013 were as follows:

 

Financials

21.9%

Energy

19.1%

Consumer Discretionary

15.1%

Industrials

13.7%

Materials

12.2%

Information Technology

6.4%

Telecommunication Services

3.7%

Health Care

3.2%

Utilities

1.8%

Consumer Staples

1.6%

Cash & Cash Equivalents

1.3%

 

The top ten investments which comprised 30.1% of the investment portfolio at market as of

December 31, 2013 were as follows:

 

Dollarama Inc.

4.7%

Enbridge Inc.

3.4%

Catamaran Corporation

3.2%

Canadian Pacific Railway Limited

3.1%

Element Financial Corporation

2.9%

Bank of Montreal

2.8%

Royal Bank of Canada

2.6%

Rogers Communications Inc.

2.5%

Methanex Corporation

2.5%

Stantec Inc.

2.4%

 

 



-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
 
 
PFUDBGDBRBGBGSL
UK 100

Latest directors dealings