Canadian General Investments: Investment Update - Unaudited

Wednesday, February 3, 2016
 
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 January 31, 2016 was $22.86, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -6.2% and -13.5%, respectively.  These compare with the -1.2% and -9.9% 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 January 31, 2016 was $16.81, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -10.3% and -7.2%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of January 31, 2016 were as follows:

Financials

21.8%

Consumer Discretionary

19.0%

Industrials

13.8%

Energy

12.4%

Materials

11.9%

Information Technology

6.4%

Cash & Cash Equivalents

6.1%

Telecommunication Services

3.3%

Consumer Staples

2.3%

Health Care

1.8%

Utilities

1.2%

The top ten investments which comprised 36.1% of the investment portfolio at market as of January 31, 2016 were as follows:

Cash

6.1%

Dollarama Inc.

5.4%

Canadian Pacific Railway Limited

3.5%

CCL Industries Inc.

3.3%

Bank of Montreal

3.3%

Franco-Nevada Corporation

3.1%

Open Text Corporation

3.1%

AutoZone, Inc.

2.9%

Royal Bank of Canada

2.8%

Enbridge Inc.

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