Canadian General Investments: Investment Update - Unaudited

Friday, October 3, 2014
 
NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.C, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
 
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 September 30, 2014 was $27.61, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 9.1% and 23.6%, respectively.  These compare with the 12.2% and 20.4% 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 September 30, 2014 was $19.90, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 10.2% and 24.4%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of September 30, 2014 were as follows:

Financials

23.5%

Energy

21.8%

Industrials

16.1%

Consumer Discretionary

14.4%

Materials

11.5%

Information Technology

5.9%

Telecommunication Services

2.9%

Consumer Staples

1.2%

Utilities

1.0%

Cash & Cash Equivalents

1.0%

Health Care

0.8%

The top ten investments which comprised 31.3% of the investment portfolio at market as of September 30, 2014 were as follows:

Dollarama Inc.

4.8%

Canadian Pacific Railway Limited

4.2%

Enbridge Inc.

3.7%

Bank of Montreal

3.1%

Methanex Corporation

2.8%

Royal Bank of Canada

2.7%

Element Financial Corporation

2.7%

Stantec Inc.

2.5%

Home Capital Group Inc.

2.4%

Open Text Corporation

2.4%

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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