CORRECTION FROM SOURCE: Canadian General Investments: Investment Update-Unaudited
04 Aprile 2012 - 11:31PM
Marketwired Canada
The following corrects and replaces the release that was disseminated on April
4, 2012 16:34 ET. The dollar amount in the first paragraph ($22.49) has been
changed to $22.52 and the year-to-date and 12-month NAV returns, with dividends
reinvested (10.3% and -5.7%) have been changed to 10.5% and -5.6% respectively.
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 March 31, 2012 was $22.52, resulting
in year-to-date and 12-month NAV returns, with dividends reinvested, of 10.5%
and -5.6%, respectively. These compare with the 4.4% and -9.8% 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 March 31, 2012 was $16.92,
resulting in year-to-date and 12-month market returns, with dividends
reinvested, of 6.1% and -10.0%, respectively.
The sector weightings of CGI's investment portfolio at market as of March 31,
2012 were as follows:
Energy 24.3%
Materials 21.7%
Financials 19.4%
Consumer Discretionary 9.6%
Industrials 9.0%
Information Technology 9.0%
Telecommunication Services 3.3%
Utilities 2.8%
Cash & Cash Equivalents 0.7%
Consumer Staples 0.6%
The top ten investments which comprised 31.6% of the investment portfolio at
market as of March 31, 2012 were as follows:
Labrador Iron Ore Royalty Corporation 4.4
SXC Health Solutions Corp. 3.6
Apple Inc. 3.4
Enbridge Inc. 3.4
Franco-Nevada Corporation 3.2
Brookfield Canada Office Properties 3.0
BMTC Group Inc. 2.9
Dollarama Inc. 2.7
Bank of Montreal 2.6
Pacific Rubiales Energy Corp. 2.4
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