Portfolio Update

RNS Number : 3760E
Canadian General Investments Ld
06 April 2011
 



NEWS RELEASE TRANSMITTED BY MARKETWIRE

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

April 5, 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 March 31, 2011 was $24.79, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.4% and 23.8%, respectively.  These compare with the 5.6% and 20.4% 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, 2011 was $19.77, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 3.4% and 28.3%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of March 31, 2011 were as follows:

 

Materials

28.9%

Energy

27.3%

Financials

15.0%

Consumer Discretionary

10.0%

Information Technology

6.1%

Industrials

5.6%

Utilities

2.4%

Cash & Cash Equivalents

2.1%

Telecommunication Services

1.9%

Consumer Staples

1.2%

 

The top ten investments which comprised 29.6% of the investment portfolio at market as of March 31, 2011 were as follows:

 

Labrador Iron Ore Royalty Corporation

4.6%

BMTC Group Inc.

4.4%

SXC Health Solutions Corp.

2.9%

Pacific Rubiales Energy Corp.

2.7%

Brookfield Office Properties Canada

2.7%

Bank of Montreal

2.6%

IMAX Corporation

2.6%

Enbridge Inc.

2.4%

Blackpearl Resources Inc.

2.4%

Potash Corporation of Saskatchewan 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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