TORONTO, CANADA -- 11/03/09 --
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 October 31, 2009 was $17.32, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 25.9% and 14.8%, respectively. These compare with the 24.8% and 15.7% 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 October 31, 2009 was $14.20, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 58.2% and 26.9%, respectively.
The sector weightings of CGI's investment portfolio at market as of October 31, 2009 were as follows:
Materials 27.0%
Energy 24.4%
Financials 16.9%
Industrials 7.0%
Information Technology 5.9%
Consumer Discretionary 5.6%
Cash & Cash Equivalents 4.3%
Consumer Staples 3.5%
Telecommunication Services 2.2%
Utilities 1.9%
The top ten investments which comprised 26.0% of the investment portfolio at market as of October 31, 2009 were as follows:
Royal Bank of Canada 3.0%
Canadian Treasury Bill 2.9%
Labrador Iron Ore Royalty Income Fund 2.9%
BMTC Group Inc. 2.8%
Petrobank Energy and Resources Ltd. 2.5%
Bank of Montreal 2.5%
Pacific Rubiales Energy Corp. 2.5%
BPO Properties Ltd. 2.4%
Franco-Nevada Corporation 2.3%
Rogers Communications Inc. 2.2%
Contacts:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.mmainvestments.com
