Canadian General Investments: Investment Update - Unaudited

Monday, October 5, 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 September 30, 2015 was $24.95, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -6.3% and -6.9%, respectively.  These compare with the -7.0% and -8.4% 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, 2015 was $18.19, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -7.3% and -4.8%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of September 30, 2015 were as follows:

Financials

22.7%

Consumer Discretionary

21.1%

Industrials

14.5%

Energy

13.0%

Materials

10.3%

Information Technology

6.0%

Cash & Cash Equivalents

3.4%

Telecommunication Services

3.1%

Consumer Staples

2.2%

Health Care

1.8%

Utilities

1.0%

The top ten investments which comprised 37.1% of the investment portfolio at market as of September 30, 2015 were as follows:

Dollarama Inc.

8.8%

Canadian Pacific Railway Limited

3.7%

Enbridge Inc.

3.7%

Element Financial Corporation

3.5%

Cash

3.4%

Bank of Montreal

3.0%

Gildan Activewear Inc.

2.8%

Franco-Nevada Corporation

2.8%

Air Canada

2.7%

Royal Bank of Canada

2.7%

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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