Portfolio Update

RNS Number : 0325E
Canadian General Investments Ld
03 April 2014
 

NEWS RELEASE TRANSMITTED BY MARKETWIRED

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

April 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 March 31, 2014 was $26.62, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.3% and 20.1%, respectively.  These compare with the 6.1% and 16.0% 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 March 31, 2014 was $18.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -1.5% and 17.7%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of March 31, 2014 were as follows:

 

Financials

22.0%

Energy

20.9%

Consumer Discretionary

16.6%

Industrials

12.9%

Materials

12.5%

Information Technology

6.0%

Telecommunication Services

3.6%

Health Care

2.5%

Consumer Staples

1.3%

Utilities

1.1%

Cash & Cash Equivalents

0.5%

 

The top ten investments which comprised 29.6% of the investment portfolio at market as of

March 31, 2014 were as follows:

 

Dollarama Inc.

4.4%

Enbridge Inc.

3.6%

Canadian Pacific Railway Limited

3.1%

Element Financial Corporation

3.0%

Bank of Montreal

2.9%

Methanex Corporation

2.8%

Royal Bank of Canada

2.5%

Catamaran Corporation

2.5%

Brookfield Canada Office Properties

2.4%

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.canadiangeneralinvestments.ca

 

 

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