News Column

Canadian General Investments: Investment Update-Unaudited

July 4, 2014



TORONTO, ONTARIO--(Marketwired - July 4, 2014) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.C)(TSX:CGI.PR.D)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2014 was $28.01, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 10.2% and 36.3%, respectively. These compare with the 12.9% and 28.7% 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 June 30, 2014 was $19.21, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 5.8% and 34.0%, respectively.

The sector weightings of CGI's investment portfolio at market as of June 30, 2014 were as follows:

Energy 23.5% Financials 21.7% Consumer Discretionary 16.3% Industrials 15.1% Materials 11.5% Information Technology 5.8% Telecommunication Services 3.0% Consumer Staples 1.0% Utilities 1.0% Health Care 0.8% Cash & Cash Equivalents 0.2%



The top ten investments which comprised 29.1% of the investment portfolio at market as of June 30, 2014 were as follows:

Dollarama Inc. 4.4% Enbridge Inc. 3.4% Canadian Pacific Railway Limited 3.4% Bank of Montreal 2.9% Element Financial Corporation 2.6% Air Canada 2.6% Royal Bank of Canada 2.5% Raging River Exploration Inc. 2.5% Methanex Corporation 2.5% Brookfield Canada Office Properties 2.3% FOR FURTHER INFORMATION PLEASE CONTACT: Canadian General Investments, LimitedVanessa L. Morgan Chairman (416) 366-2931 (416) 366-2729 (FAX) cgifund@mmainvestments.comwww.canadiangeneralinvestments.ca Source: Canadian General Investments, Limited


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Marketwire (Canada)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters