TORONTO, ONTARIO--(Marketwired - Feb. 3, 2016) - 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 January 31, 2016 was $22.86, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -6.2% and -13.5%, respectively. These compare with the -1.2% and -9.9% 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 January 31, 2016 was $16.81, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -10.3% and -7.2%, respectively.
| The sector weightings of CGI's investment portfolio at market as of January 31, 2016 were as follows: |
| |
| Financials |
21.8% |
| Consumer Discretionary |
19.0% |
| Industrials |
13.8% |
| Energy |
12.4% |
| Materials |
11.9% |
| Information Technology |
6.4% |
| Cash & Cash Equivalents |
6.1% |
| Telecommunication Services |
3.3% |
| Consumer Staples |
2.3% |
| Health Care |
1.8% |
| Utilities |
1.2% |
| The top ten investments which comprised 36.1% of the investment portfolio at market as of January 31, 2016 were as follows: |
| |
| Cash |
6.1% |
| Dollarama Inc. |
5.4% |
| Canadian Pacific Railway Limited |
3.5% |
| CCL Industries Inc. |
3.3% |
| Bank of Montreal |
3.3% |
| Franco-Nevada Corporation |
3.1% |
| Open Text Corporation |
3.1% |
| AutoZone, Inc. |
2.9% |
| Royal Bank of Canada |
2.8% |
| Enbridge Inc. |
2.6% |