Portfolio Update

RNS Number : 2983G
Canadian General Investments Ld
05 May 2014
 



NEWS RELEASE TRANSMITTED BY MARKETWIRED

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

 

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

LONDON STOCK EXCHANGE: CGI

 

May 5, 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 April 30, 2014 was $27.07, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 6.0% and 23.1%, respectively.  These compare with the 8.6% and 21.3% 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 April 30, 2014 was $18.31, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.2% and 20.2%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of April 30, 2014 were as follows:

 

Energy

23.5%

Financials

21.9%

Consumer Discretionary

16.5%

Industrials

14.1%

Materials

11.8%

Information Technology

6.0%

Telecommunication Services

3.1%

Consumer Staples

1.2%

Utilities

1.1%

Health Care

0.7%

Cash & Cash Equivalents

0.1%

 

The top ten investments which comprised 28.9% of the investment portfolio at market as of

April 30, 2014 were as follows:

 

Dollarama Inc.

4.6%

Enbridge Inc.

3.7%

Canadian Pacific Railway Limited

3.1%

Bank of Montreal

2.9%

Element Financial Corporation

2.6%

Methanex Corporation

2.6%

Royal Bank of Canada

2.5%

Brookfield Canada Office Properties

2.3%

Stantec Inc.

2.3%

Home Capital Group 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.canadiangeneralinvestments.ca

 

 

                                                 

                                                                                                                     


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