NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
December 4, 2013
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 November 30, 2013 was $25.36, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 17.3% and 21.2%, respectively. These compare with the 10.8% and 12.9% 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 November 30, 2013 was $17.80, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 14.8% and 24.2%, respectively.
The sector weightings of CGI's investment portfolio at market as of November 30, 2013 were as follows:
Financials |
22.3% |
Energy |
19.2% |
Consumer Discretionary |
14.5% |
Industrials |
13.7% |
Materials |
12.5% |
Information Technology |
6.2% |
Health Care |
3.8% |
Telecommunication Services |
3.7% |
Utilities |
2.0% |
Consumer Staples |
1.5% |
Cash & Cash Equivalents |
0.6% |
The top ten investments which comprised 31.2% of the investment portfolio at market as of
November 30, 2013 were as follows:
Dollarama Inc. |
4.6% |
Catamaran Corporation |
3.8% |
Enbridge Inc. |
3.2% |
Canadian Pacific Railway Limited |
3.1% |
Element Financial Corporation |
3.0% |
Bank of Montreal |
3.0% |
Brookfield Canada Office Properties |
2.9% |
Methanex Corporation |
2.6% |
Royal Bank of Canada |
2.5% |
Stantec Inc. |
2.5% |
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FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Vanessa L. Morgan
Chairman
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.mmainvestments.com