Canadian General Investments: Investment Update - Unaudited

Wednesday, June 3, 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 May 31, 2015 was $27.94, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.3% and 6.5%, respectively.  These compare with the 3.8% and 5.8% 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 May 31, 2015 was $20.66, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 4.5% and 17.1%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of May 31, 2015 were as follows:

Financials

22.0%

Consumer Discretionary

17.5%

Energy

15.7%

Industrials

15.4%

Materials

14.0%

Information Technology

6.3%

Health Care

2.8%

Telecommunication Services

2.7%

Consumer Staples

1.6%

Utilities

1.0%

Cash & Cash Equivalents

0.3%

The top ten investments which comprised 34.5% of the investment portfolio at market as of May 31, 2015 were as follows:

Dollarama Inc.

6.6%

Enbridge Inc.

4.1%

Canadian Pacific Railway Limited

3.6%

Element Financial Corporation

3.2%

Air Canada

3.2%

West Fraser Timber Co. Ltd.

3.1%

Bank of Montreal

2.8%

Franco-Nevada Corporation

2.7%

Royal Bank of Canada

2.6%

Magna International Inc.

2.6%

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FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Vanessa L. Morgan
Chairman
Phone: (416) 366-2931
Fax: (416) 366-2729