Canadian General Investments: Investment Update-Unaudited
TORONTO, CANADA -- (MARKET WIRE) -- 10/05/09 -- 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 September 30, 2009 was $17.85, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 29.7% and -8.4%, respectively. These compare with the 30.0% and 0.5% 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, 2009 was $14.68, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 63.6% and -6.5%, respectively.
The sector weightings of CGI's investment portfolio at market as of September 30, 2009 were as follows:
Materials 26.9% Energy 23.6% Financials 17.9% Industrials 7.6% Information Technology 6.5% Cash & Cash Equivalents 6.4% Consumer Discretionary 4.2% Consumer Staples 3.4% Telecommunication Services 2.1% Utilities 1.8%
The top ten investments which comprised 27.1% of the investment portfolio at market as of September 30, 2009 were as follows:
Canadian Cash 3.5% Royal Bank of Canada 3.1% Canadian Treasury Bills 2.9% Labrador Iron Ore Royalty Income Fund 2.7% BPO Properties Ltd. 2.6% Bank of Montreal 2.6% BMTC Group Inc. 2.6% Pacific Rubiales Energy Corp. 2.4% Franco-Nevada Corporation 2.4% Petrobank Energy and Resources Ltd. 2.3%
Contacts: Canadian General Investments, Limited Jonathan A. Morgan President and CEO (416) 366-2931 (416) 366-2729 (FAX) cgifund@mmainvestments.com www.mmainvestments.com
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