NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
December 3, 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 November 30, 2014 was $27.31, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.3% and 11.8%, respectively. These compare with the 11.0% and 13.3% 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 November 30, 2014 was $20.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 11.4% and 18.4%, respectively.
The sector weightings of CGI's investment portfolio at market as of November 30, 2014 were as follows:
|
Financials |
24.1% |
|
Industrials |
17.1% |
|
Energy |
17.1% |
|
Consumer Discretionary |
16.5% |
|
Materials |
10.6% |
|
Information Technology |
7.0% |
|
Telecommunication Services |
3.3% |
|
Consumer Staples |
1.3% |
|
Utilities |
1.0% |
|
Cash & Cash Equivalents |
1.0% |
|
Health Care |
1.0% |
The top ten investments which comprised 32.2% of the investment portfolio at market as of
November 30, 2014 were as follows:
|
Dollarama Inc. |
5.4% |
|
Canadian Pacific Railway Limited |
3.9% |
|
Enbridge Inc. |
3.6% |
|
Bank of Montreal |
3.2% |
|
Element Financial Corporation |
2.8% |
|
Royal Bank of Canada |
2.8% |
|
West Fraser Timber Co. Ltd. |
2.7% |
|
Air Canada |
2.6% |
|
Open Text Corporation |
2.6% |
|
Yahoo! Inc. |
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