Canadian General Investments: Investment Update - Unaudited

Monday, April 6, 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 March 31, 2015 was $28.09, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.4% and 8.5%, respectively.  These compare with the 2.6% and 6.9% 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 March 31, 2015 was $20.71, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 4.0% and 19.7%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of March 31, 2015 were as follows:

Financials

21.4%

Consumer Discretionary

17.5%

Industrials

16.1%

Energy

15.9%

Materials

13.5%

Information Technology

7.1%

Telecommunication Services

3.1%

Health Care

2.1%

Consumer Staples

1.6%

Utilities

1.0%

Cash & Cash Equivalents

0.8%

The top ten investments which comprised 34.7% of the investment portfolio at market as of March 31, 2015 were as follows:

Dollarama Inc.

7.0%

Enbridge Inc.

4.2%

Canadian Pacific Railway Limited

4.1%

Element Financial Corporation

3.0%

West Fraser Timber Co. Ltd.

3.0%

Air Canada

2.9%

Bank of Montreal

2.8%

Franco-Nevada Corporation

2.6%

Open Text Corporation

2.6%

Royal Bank of Canada

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