RNS Number : 4818D
Canadian General Investments Ld
06 July 2016
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
July 6, 2016
Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net
asset value per share (NAV) at June 30, 2016 was $24.63, resulting in year-to-date and 12-month NAV returns, with dividends
reinvested, of 2.4% and -8.2%, respectively. These compare with the 9.8% and -0.2% 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, 2016 was $18.01, resulting in year-to-date and 12-month
share price returns, with dividends reinvested, of -2.1% and -10.3%, respectively.
The sector weightings of CGI's investment portfolio at market as of June 30, 2016 were as follows:
|
Financials
|
19.8%
|
|
Materials
|
19.5%
|
|
Consumer Discretionary
|
19.4%
|
|
Energy
|
16.9%
|
|
Industrials
|
11.8%
|
|
Information Technology
|
5.8%
|
|
Telecommunication Services
|
3.4%
|
|
Consumer Staples
|
2.0%
|
|
Utilities
|
1.2%
|
|
Cash & Cash Equivalents
|
0.2%
|
The top ten investments which comprised 34.0% of the investment portfolio at market as of
June 30, 2016 were as follows:
|
Dollarama Inc.
|
5.6%
|
|
Franco-Nevada Corporation
|
4.7%
|
|
Bank of Montreal
|
3.4%
|
|
Open Text Corporation
|
3.2%
|
|
CCL Industries Inc.
|
3.2%
|
|
Canadian Pacific Railway Limited
|
2.9%
|
|
Royal Bank of Canada
|
2.8%
|
|
Enbridge Inc.
|
2.8%
|
|
Brookfield Canada Office Properties
|
2.7%
|
|
AutoZone, Inc.
|
2.7%
|
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.canadiangeneralinvestments.ca
This information is provided by RNS
The company news service from the London Stock Exchange
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