TORONTO, CANADA–(Marketwired – July 6, 2016) – Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.D)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2016 was $24.63, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.4% and -8.2%, respectively. These compare with the 9.8% and -0.2% 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 June 30, 2016 was $18.01, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.1% and -10.3%, respectively.
The sector weightings of CGI’s investment portfolio at market as of June 30, 2016 were as follows:
| Financials | 19.8% |
| Materials | 19.5% |
| Consumer Discretionary | 19.4% |
| Energy | 16.9% |
| Industrials | 11.8% |
| Information Technology | 5.8% |
| Telecommunication Services | 3.4% |
| Consumer Staples | 2.0% |
| Utilities | 1.2% |
| Cash & Cash Equivalents | 0.2% |
The top ten investments which comprised 34.0% of the investment portfolio at market as of June 30, 2016 were as follows:
| Dollarama Inc. | 5.6% |
| Franco-Nevada Corporation | 4.7% |
| Bank of Montreal | 3.4% |
| Open Text Corporation | 3.2% |
| CCL Industries Inc. | 3.2% |
| Canadian Pacific Railway Limited | 2.9% |
| Royal Bank of Canada | 2.8% |
| Enbridge Inc. | 2.8% |
| Brookfield Canada Office Properties | 2.7% |
| AutoZone, Inc. | 2.7% |
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
(416) 366-2729 (FAX)
Email: cgifund@mmainvestments.com
Website: www.canadiangeneralinvestments.ca