Canadian General Investments: Investment Update - Unaudited

Tuesday, September 6, 2016
 
NEWS RELEASE TRANSMITTED BY MARKETWIRED
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, 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 August 31, 2016 was $25.83 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.1% and 6.0%, respectively.  These compare with the 14.4% and 8.7% 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 August 31, 2016 was $18.31, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.4% and 2.0%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of August 31, 2016 were as follows:

Energy

18.4%

Consumer Discretionary

18.4%

Materials

17.8%

Financials

16.8%

Industrials

11.4%

Information Technology

9.0%

Telecommunication Services

3.4%

Consumer Staples

2.3%

Cash & Cash Equivalents

1.4%

Utilities

1.1%

The top ten investments which comprised 34.2% of the investment portfolio at market as of August 31, 2016 were as follows:

Dollarama Inc.

5.8%

Franco-Nevada Corporation

4.2%

Bank of Montreal

3.5%

CCL Industries Inc.

3.4%

Canadian Pacific Railway Limited

3.3%

Open Text Corporation

3.3%

Royal Bank of Canada

2.9%

First Quantum Minerals Ltd.

2.6%

Raging River Exploration Inc.

2.6%

Gildan Activewear Inc.

2.6%
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729