TORONTO, ONTARIO -- (Marketwired) -- 06/03/16 -- Canadian General Investments, Limited (CGI) (TSX: CGI)(TSX: CGI.PR.C)(TSX: CGI.PR.D)(LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2016 was $25.00, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.9% and -7.5%, respectively. These compare with the 9.5% and -3.3% 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, 2016 was $17.66, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -4.0% and -10.6%, respectively.
The sector weightings of CGI's investment portfolio at market as of May 31, 2016 were as follows:
Financials 20.2% Consumer Discretionary 19.7% Materials 18.3% Energy 16.7% Industrials 12.0% Information Technology 5.9% Telecommunication Services 3.2% Consumer Staples 2.1% Utilities 1.1% Cash & Cash Equivalents 0.8% Health Care 0.0%
The top ten investments which comprised 33.2% of the investment portfolio at market as of
May 31, 2016 were as follows:
Dollarama Inc. 5.5% Franco-Nevada Corporation 3.9% Bank of Montreal 3.4% CCL Industries Inc. 3.3% Open Text Corporation 3.2% Canadian Pacific Railway Limited 2.9% Royal Bank of Canada 2.9% Raging River Exploration Inc. 2.7% Gildan Activewear Inc. 2.7% Brookfield Canada Office Properties 2.7%
Contacts:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca
