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Cdn General's Jan. 31 NAV per share at $22.56
2013-02-05 14:58 ET - News Release
Mr. Jonathan Morgan reports
CANADIAN GENERAL INVESTMENTS: INVESTMENT UPDATE-UNAUDITED
Canadian General Investments Ltd.'s net asset value per share (NAV) at Jan. 31, 2013, on an unaudited basis, was $22.56, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.2 per cent and 7.0 per cent, respectively. These compare with the 2.3-per-cent and 5.0-per-cent 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 Jan. 31, 2013, was $16, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 1.6 per cent and 2.1 per cent, respectively.
The sector weightings of CGI's investment portfolio at market as of Jan. 31, 2013, were as tabulated.
Financials 21.6%Energy 21.1%Materials 20.1%Industrials 9.9%Consumer discretionary 9.6%Health care 4.5%Information technology 4.5%Telecommunication services 3.9%Utilities 3.1%Cash and cash equivalents 1.3%Consumer staples 0.7%
The top 10 investments comprising 33.6 per cent of the investment portfolio at market as of Jan. 31, 2013, were as shown in the attached table.
TOP 10 INVESTMENTSCatamaran Corp. 4.5%Franco-Nevada Corp. 3.9%Enbridge Inc. 3.8%Labrador Iron Ore Royalty Corp. 3.7%Brookfield Canada Office Properties 3.7%Dollarama Inc. 3.6%Bank of Montreal 2.8%Rogers Communications Inc. 2.7%Royal Bank of Canada 2.5%Canadian Pacific Railway Ltd. 2.4%