TORONTO, CANADA–(Marketwired – Oct. 5, 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 September 30, 2016 was $26.72 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.8% and 10.7%, respectively. These compare with the 15.8% and 14.2% 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 September 30, 2016 was $18.29, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.3% and 5.3%, respectively.
The sector weightings of CGI’s investment portfolio at market as of September 30, 2016 were as follows:
| Energy | 19.4 | % | |
| Consumer Discretionary | 18.4 | % | |
| Materials | 18.2 | % | |
| Financials | 16.4 | % | |
| Industrials | 10.9 | % | |
| Information Technology | 9.2 | % | |
| Telecommunication Services | 3.3 | % | |
| Consumer Staples | 2.2 | % | |
| Utilities | 1.1 | % | |
| Cash & Cash Equivalents | 0.9 | % |
The top ten investments which comprised 34.6% of the investment portfolio at market as of September 30, 2016 were as follows:
| Dollarama Inc. | 6.0 | % | |
| Franco-Nevada Corporation | 4.1 | % | |
| CCL Industries Inc. | 3.4 | % | |
| Open Text Corporation | 3.4 | % | |
| Bank of Montreal | 3.4 | % | |
| Canadian Pacific Railway Limited | 3.3 | % | |
| Royal Bank of Canada | 2.8 | % | |
| First Quantum Minerals Ltd. | 2.8 | % | |
| Enbridge Inc. | 2.7 | % | |
| Amazon.com, Inc. | 2.7 | % |
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca