TORONTO, CANADA--(Marketwire - Oct. 4, 2012) - The following corrects and replaces the press release issued at 11:12 ET on October 3, 2012 which reported incorrect year-to-date and 12-month net asset value returns for Canadian General Investments, Limited.
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 September 30, 2012 was $22.07, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.9% and 18.2%, respectively. These compare with the 5.4% and 9.2% 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 September 30, 2012 was $15.47, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -2.2% and 5.8%, respectively.
The sector weightings of CGI's investment portfolio at market as of September 30, 2012 were as follows:
Consumer Discretionary 9.6%
Information Technology 6.0%
Health Care 4.7%
Telecommunication Services 3.5%
Cash & Cash Equivalents 0.9%
Consumer Staples 0.6%
The top ten investments which comprised 34.7% of the investment portfolio at
market as of September 30, 2012 were as follows:
Catamaran Corporation 4.7%
Franco-Nevada Corporation 4.3%
Labrador Iron Ore Royalty
Apple Inc. 3.8%
Dollarama Inc. 3.8%
Brookfield Canada Office Properties 3.6%
Enbridge Inc. 3.4%
Bank of Montreal 2.6%
BMTC Group Inc. 2.4%
Rogers Communications Inc. 2.3%