FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.B, CGI.PR.C
LONDON STOCK EXCHANGE: CGI
Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA – Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2010 was $18.35, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -4.8% and 38.2%, respectively. These compare with the -5.3% and 31.7% 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 January 31, 2010 was $15.43, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -2.5% and 62.3%, respectively.
The sector weightings of CGI’s investment portfolio at market as of January 31, 2010 were as follows:
| Materials | 25.8% |
| Energy | 24.6% |
| Financials | 17.0% |
| Industrials | 6.9% |
| Consumer Discretionary | 6.9% |
| Information Technology | 5.8% |
| Cash & Cash Equivalents | 3.5% |
| Consumer Staples | 3.4% |
| Telecommunication Services | 2.3% |
| Utilities | 2.0% |
The top ten investments which comprised 28.4% of the investment portfolio at market as of January 31, 2010 were as follows:
| BMTC Group Inc. | 3.8% |
| Labrador Iron Ore Royalty Income Fund | 3.4% |
| BPO Properties Ltd. | 3.0% |
| Canadian Treasury Bills | 2.8% |
| Royal Bank of Canada | 2.7% |
| Petrobank Energy and Resources Ltd. | 2.7% |
| Pacific Rubiales Energy Corp. | 2.6% |
| Franco-Nevada Corporation | 2.5% |
| Bank of Montreal | 2.5% |
| Enbridge Inc. | 2.4% |
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FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.mmainvestments.com
