Canadian General Investments: Investment Update-Unaudited
TORONTO, CANADA--(Marketwired - Jun 3, 2015) - Canadian General Investments, Limited (CGI) (CGI.TO)(CGI-PC.TO)(TSX:CGI.PR.D)(CGI.TO) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2015 was $27.94, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.3% and 6.5%, respectively. These compare with the 3.8% and 5.8% 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 May 31, 2015 was $20.66, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 4.5% and 17.1%, respectively.
The sector weightings of CGI's investment portfolio at market as of May 31, 2015 were as follows:
Financials | 22.0% |
Consumer Discretionary | 17.5% |
Energy | 15.7% |
Industrials | 15.4% |
Materials | 14.0% |
Information Technology | 6.3% |
Health Care | 2.8% |
Telecommunication Services | 2.7% |
Consumer Staples | 1.6% |
Utilities | 1.0% |
Cash & Cash Equivalents | 0.3% |
The top ten investments which comprised 34.5% of the investment portfolio at market as of May 31, 2015 were as follows:
Dollarama Inc. | 6.6% |
Enbridge Inc. | 4.1% |
Canadian Pacific Railway Limited | 3.6% |
Element Financial Corporation | 3.2% |
Air Canada | 3.2% |
West Fraser Timber Co. Ltd. | 3.1% |
Bank of Montreal | 2.8% |
Franco-Nevada Corporation | 2.7% |
Royal Bank of Canada | 2.6% |
Magna International Inc. | 2.6% |
