NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
March 4, 2015
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 February 28, 2015 was $28.26, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 5.0% and 9.5%, respectively. These compare with the 4.5% and 10.3% 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 February 28, 2015 was $19.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.5% and 12.9%, respectively.
The sector weightings of CGI's investment portfolio at market as of February 28, 2015 were as follows:
|
Financials |
21.6% |
|
Consumer Discretionary |
16.7% |
|
Industrials |
16.3% |
|
Energy |
15.9% |
|
Materials |
13.6% |
|
Information Technology |
7.2% |
|
Telecommunication Services |
3.2% |
|
Cash & Cash Equivalents |
1.8% |
|
Consumer Staples |
1.6% |
|
Utilities |
1.1% |
|
Health Care |
1.0% |
The top ten investments which comprised 33.8% of the investment portfolio at market as of
February 28, 2015 were as follows:
|
Dollarama Inc. |
6.2% |
|
Canadian Pacific Railway Limited |
4.1% |
|
Enbridge Inc. |
3.9% |
|
West Fraser Timber Co. Ltd. |
3.1% |
|
Bank of Montreal |
2.9% |
|
Air Canada |
2.8% |
|
Franco-Nevada Corporation |
2.8% |
|
Open Text Corporation |
2.7% |
|
Element Financial Corporation |
2.7% |
|
Royal Bank of Canada |
2.6% |
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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.canadiangeneralinvestments.ca