Canadian General Investments: Investment Update-Unaudited

October 5, 2009 10:26 AM EDT

TORONTO, CANADA--(Marketwire - Oct. 5, 2009) - 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%


FOR FURTHER INFORMATION PLEASE CONTACT:
        Canadian General Investments, Limited
        Jonathan A. Morgan
        President and CEO
        (416) 366-2931
        Fax: (416) 366-2729 (FAX)
        cgifund@mmainvestments.com
        www.mmainvestments.com

Source: Canadian General Investments, Limited


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