TORONTO, CANADA--(Marketwire - Oct. 4, 2012) - The following corrects and replaces the press release issued at 11:12 ET on October 3, 2012 which reported incorrect year-to-date and 12-month net asset value returns for Canadian General Investments, Limited.
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, 2012 was $22.07, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.9% and 18.2%, respectively. These compare with the 5.4% and 9.2% 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, 2012 was $15.47, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -2.2% and 5.8%, respectively.
The sector weightings of CGI's investment portfolio at market as of September 30, 2012 were as follows:
| Energy |
22.0% |
| Materials |
21.3% |
| Financials |
20.1% |
| Consumer Discretionary |
9.6% |
| Industrials |
8.4% |
| Information Technology |
6.0% |
| Health Care |
4.7% |
| Telecommunication Services |
3.5% |
| Utilities |
2.9% |
| Cash & Cash Equivalents |
0.9% |
| Consumer Staples |
0.6% |
| |
| The top ten investments which comprised 34.7% of the investment portfolio at market as of September 30, 2012 were as follows: |
| |
| Catamaran Corporation |
4.7% |
| Franco-Nevada Corporation |
4.3% |
| Labrador Iron Ore Royalty Corporation |
3.8% |
| Apple Inc. |
3.8% |
| Dollarama Inc. |
3.8% |
| Brookfield Canada Office Properties |
3.6% |
| Enbridge Inc. |
3.4% |
| Bank of Montreal |
2.6% |
| BMTC Group Inc. |
2.4% |
| Rogers Communications Inc. |
2.3% |