NEWS RELEASE TRANSMITTED BY MARKETWIRE
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
November 5, 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 October 31, 2013 was $24.52, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.0% and 14.3%, respectively. These compare with the 10.3% and 11.0% 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 October 31, 2013 was $17.30, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 11.1% and 16.5%, respectively.
The sector weightings of CGI's investment portfolio at market as of October 31, 2013 were as follows:
|
Financials |
22.0% |
|
Energy |
19.5% |
|
Consumer Discretionary |
14.8% |
|
Materials |
12.8% |
|
Industrials |
12.8% |
|
Information Technology |
5.7% |
|
Health Care |
4.0% |
|
Telecommunication Services |
3.8% |
|
Utilities |
2.5% |
|
Consumer Staples |
1.5% |
|
Cash & Cash Equivalents |
1.0% |
The top ten investments which comprised 31.8% of the investment portfolio at market as of
October 31, 2013 were as follows:
|
Dollarama Inc. |
4.9% |
|
Catamaran Corporation |
4.0% |
|
Enbridge Inc. |
3.4% |
|
Bank of Montreal |
3.0% |
|
Brookfield Canada Office Properties |
3.0% |
|
Canadian Pacific Railway Limited |
2.9% |
|
Element Financial Corporation |
2.9% |
|
Royal Bank of Canada |
2.6% |
|
Rogers Communications Inc. |
2.6% |
|
Methanex Corporation |
2.5% |
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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