TORONTO, CANADA -- (Marketwired) -- 04/03/13 -- Canadian General Investments, Limited (CGI) (TSX: CGI)(TSX: CGI.PR.B)(TSX: CGI.PR.C)(LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2013 was $22.91, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 5.0% and 5.3%, respectively. These compare with the 3.3% and 6.1% 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, 2013 was $16.01, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 2.0% and -0.6%, respectively.
The sector weightings of CGI's investment portfolio at market as of March 31, 2013 were as follows:
Financials 21.6%Energy 21.0%Materials 18.7%Industrials 10.1%Consumer Discretionary 10.1%Health Care 4.6%Telecommunication Services 4.2%Information Technology 4.1%Utilities 3.2%Cash & Cash Equivalents 1.7%Consumer Staples 0.7%
The top ten investments which comprised 34.1% of the investment portfolio at market as of March 31, 2013 were as follows:
Catamaran Corporation 4.6%Enbridge Inc. 4.1%Dollarama Inc. 3.8%Labrador Iron Ore Royalty Corporation 3.7%Brookfield Canada Office Properties 3.5%Franco-Nevada Corporation 3.4%Rogers Communications Inc. 3.0%Bank of Montreal 2.8%Canadian Pacific Railway Limited 2.8%Royal Bank of Canada 2.4%
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2729 (FAX)