TORONTO, ONTARIO–(Marketwired – June 3, 2016) – 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% |
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca