Portfolio Update

RNS Number : 9192T
Canadian General Investments Ld
05 October 2010
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

October 5, 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 September 30, 2010 was $21.09, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 10.5% and 22.8%, respectively.  These compare with the 7.5% and 11.6% 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 September 30, 2010 was $16.51, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 5.5% and 18.0%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of September 30, 2010 were as follows:

 

Materials

27.9%

Energy

25.3%

Financials

15.5%

Consumer Discretionary

9.7%

Information Technology

7.2%

Industrials

6.8%

Telecommunication Services

2.3%

Cash & Cash Equivalents

2.3%

Utilities

2.1%

Consumer Staples

1.5%

Health Care

0.4%

 

The top ten investments which comprised 30.1% of the investment portfolio at market as of September 30, 2010 were as follows:

 

BMTC Group Inc.

5.1%

Pacific Rubiales Energy Corp.

3.8%

Labrador Iron Ore Royalty Corp.

3.5%

Brookfield Office Properties Canada

2.9%

SXC Health Solutions Corp.

2.5%

Bank of Montreal

2.5%

Franco-Nevada Corporation

2.5%

Royal Bank of Canada

2.5%

Enbridge Inc.

2.5%

Rogers Communications 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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