Welcome!

iPhone Authors: Shelly Palmer, Kevin Benedict

News Feed Item

Canadian General Investments: Investment Update-Unaudited

TORONTO, CANADA -- (Marketwire) -- 12/05/12 -- Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.B)(TSX:CGI.PR.C)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2012 was $21.73, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.2% and 6.4%, respectively. These compare with the 5.1% and 3.4% 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 November 30, 2012 was $15.12, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -4.4% and 1.8%, respectively.

The sector weightings of CGI's investment portfolio at market as of November 30, 2012 were as follows:


Materials                                                              21.5%
Financials                                                             20.7%
Energy                                                                 20.4%
Consumer Discretionary                                                  9.6%
Industrials                                                             8.4%
Information Technology                                                  5.0%
Health Care                                                             4.8%
Telecommunication Services                                              3.8%
Utilities                                                               2.9%
Cash & Cash Equivalents                                                 2.6%
Consumer Staples                                                        0.7%

The top ten investments which comprised 34.1% of the investment portfolio at market as of November 30, 2012 were as follows:


Catamaran Corporation                                                   4.8%
Franco-Nevada Corporation                                               4.2%
Dollarama Inc.                                                          3.8%
Brookfield Canada Office Properties                                     3.8%
Enbridge Inc.                                                           3.6%
Labrador Iron Ore Royalty Corporation                                   3.3%
Bank of Montreal                                                        2.7%
Apple Inc.                                                              2.7%
Canadian Cash                                                           2.6%
Rogers Communications Inc.                                              2.6%

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.