Canadian General Investments: Investment Update - Unaudited

Wednesday, March 4, 2015
 
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 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