Marketwire
TORONTO, CANADA--(Marketwired - Sept. 5, 2013) - 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 August 31, 2013 was $22.28, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.7% and 9.2%, respectively. These compare with the 3.9% and 9.3% 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, 2013 was $15.15, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -2.7% and 4.1%, respectively.
The sector weightings of CGI's investment portfolio at market as of August 31, 2013 were as follows:
| Financials |
22.1% |
| Energy |
20.3% |
| Materials |
14.2% |
| Consumer Discretionary |
13.8% |
| Industrials |
10.7% |
| Health Care |
5.1% |
| Information Technology |
4.6% |
| Telecommunication Services |
3.6% |
| Utilities |
2.8% |
| Consumer Staples |
1.5% |
| Cash & Cash Equivalents |
1.3% |
The top ten investments which comprised 32.6% of the investment portfolio at market as of August 31, 2013 were as follows:
| Catamaran Corporation |
5.1% |
| Dollarama Inc. |
4.4% |
| Enbridge Inc. |
3.8% |
| Brookfield Canada Office Properties |
3.1% |
| Bank of Montreal |
3.0% |
| Element Financial Corporation |
2.8% |
| Labrador Iron Ore Royalty Corporation |
2.8% |
| Canadian Pacific Railway Limited |
2.6% |
| Royal Bank of Canada |
2.6% |
| Rogers Communications Inc. |
2.4% |