The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Canadian General Investments: Investment Update-Unaudited

Thursday, September 06, 2012

Canadian General Investments: Investment Update-Unaudited11:55 EDT Thursday, September 06, 2012TORONTO, CANADA--(Marketwire - Sept. 6, 2012) - 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 August 31, 2012 was $21.19, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.2% and 2.5%, respectively. These compare with the 1.9% and -3.6% 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, 2012 was $15.35, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -3.3% and -2.1%, respectively.The sector weightings of CGI's investment portfolio at market as of August 31, 2012 were as follows:Energy22.0%Financials21.0%Materials19.6%Consumer Discretionary9.6%Industrials8.5%Information Technology6.0%Health Care4.3%Telecommunication Services3.6%Utilities3.0%Cash & Cash Equivalents1.8%Consumer Staples0.6%The top ten investments which comprised 34.3% of the investment portfolio at market as of August 31, 2012 were as follows:Catamaran Corporation (formerly SXC Health Solutions Corp.)4.3%Franco-Nevada Corporation3.9%Apple Inc.3.9%Labrador Iron Ore Royalty Corporation3.8%Brookfield Canada Office Properties3.7%Dollarama Inc.3.6%Enbridge Inc.3.5%Bank of Montreal2.7%BMTC Group Inc.2.5%Rogers Communications Inc.2.4%FOR FURTHER INFORMATION PLEASE CONTACT: Jonathan A. MorganCanadian General Investments, LimitedPresident and CEO(416) 366-2931(416) 366-2729 (FAX)cgifund@mmainvestments.comwww.mmainvestments.com