TORONTO, ONTARIO--(Marketwired - Sept. 4, 2014) - Canadian General Investments, Limited (TSX:CGI) (TSX:CGI.PR.C) (TSX:CGI.PR.D) (LSE:CGI) (CGI) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2014 was $29.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 15.3% and 35.9%, respectively. These compare with the 16.9% and 27.1% 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 August 31, 2014 was $20.50, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 13.6% and 42.4%, respectively.
The sector weightings of CGI's investment portfolio at market as of August 31, 2014 were as follows:
| Financials |
23.1% |
| Energy |
23.1% |
| Industrials |
15.1% |
| Consumer Discretionary |
14.4% |
| Materials |
12.1% |
| Information Technology |
5.4% |
| Telecommunication Services |
2.9% |
| Cash & Cash Equivalents |
1.1% |
| Consumer Staples |
1.0% |
| Utilities |
1.0% |
| Health Care |
0.8% |
The top ten investments which comprised 29.8% of the investment portfolio at market as of August 31, 2014 were as follows:
| Dollarama Inc. |
4.4% |
| Canadian Pacific Railway Limited |
3.7% |
| Enbridge Inc. |
3.6% |
| Bank of Montreal |
3.0% |
| Element Financial Corporation |
2.6% |
| Methanex Corporation |
2.6% |
| Royal Bank of Canada |
2.6% |
| Home Capital Group Inc. |
2.5% |
| Stantec Inc. |
2.4% |
| Raging River Exploration Inc. |
2.4% |