Canadian General Investments: Investment Update-Unaudited
TORONTO, CANADA--(Marketwire - Nov. 5, 2012) - Canadian General Investments, Limited (CGI) (CGI.TO)(CGI-PB.TO)(CGI-PC.TO)(CGI.L) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2012 was $22.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 9.5% and 10.7%, respectively. These compare with the 6.5% and 4.5% 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 October 31, 2012 was $15.60, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -1.4% and 3.6%, respectively.
The sector weightings of CGI's investment portfolio at market as of October 31, 2012 were as follows: |
Materials | 22.0% | ||
Energy | 21.7% | ||
Financials | 20.2% | ||
Consumer Discretionary | 9.4% | ||
Industrials | 8.7% | ||
Information Technology | 5.6% | ||
Health Care | 4.6% | ||
Telecommunication Services | 3.7% | ||
Utilities | 2.9% | ||
Cash & Cash Equivalents | 0.8% | ||
Consumer Staples | 0.6% |
The top ten investments which comprised 34.5% of the investment portfolio at market as of October 31, 2012 were as follows: |
Catamaran Corporation | 4.6% | ||
Franco-Nevada Corporation | 4.3% | ||
Dollarama Inc. | 3.8% | ||
Labrador Iron Ore Royalty Corporation | 3.7% | ||
Brookfield Canada Office Properties | 3.7% | ||
Enbridge Inc. | 3.5% | ||
Apple Inc. | 3.4% | ||
Bank of Montreal | 2.6% | ||
Rogers Communications Inc. | 2.6% | ||
Royal Bank of Canada | 2.3% |
