TORONTO, CANADA--(Marketwired - Sept. 6, 2016) - Canadian General Investments, Limited (CGI)
(TSX:CGI)(TSX:CGI.PR.D)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2016
was $25.83 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.1% and 6.0%,
respectively. These compare with the 14.4% and 8.7% 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, 2016 was $18.31, resulting in year-to-date and 12-month share price
returns, with dividends reinvested, of 0.4% and 2.0%, respectively.
The sector weightings of CGI's investment portfolio at market as of August 31, 2016 were as follows:
| |
|
|
| Energy |
|
18.4% |
| Consumer Discretionary |
|
18.4% |
| Materials |
|
17.8% |
| Financials |
|
16.8% |
| Industrials |
|
11.4% |
| Information Technology |
|
9.0% |
| Telecommunication Services |
|
3.4% |
| Consumer Staples |
|
2.3% |
| Cash & Cash Equivalents |
|
1.4% |
| Utilities |
|
1.1% |
The top ten investments which comprised 34.2% of the investment portfolio at market as of August 31, 2016 were as follows:
| |
|
|
| Dollarama Inc. |
|
5.8% |
| Franco-Nevada Corporation |
|
4.2% |
| Bank of Montreal |
|
3.5% |
| CCL Industries Inc. |
|
3.4% |
| Canadian Pacific Railway Limited |
|
3.3% |
| Open Text Corporation |
|
3.3% |
| Royal Bank of Canada |
|
2.9% |
| First Quantum Minerals Ltd. |
|
2.6% |
| Raging River Exploration Inc. |
|
2.6% |
| Gildan Activewear Inc. |
|
2.6% |