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 December 31, 2009 was $19.24, resulting in a one-year NAV return, with dividends reinvested, of 44.0%. This compares with the 35.1% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.
The closing price for CGI’s common shares at December 31, 2009 was $15.83, resulting in an annual market return, with dividends reinvested, of 82.9%.
The sector weightings of CGI’s investment portfolio at market as of December 31, 2009 were as follows:
| Materials | 27.0% |
| Energy | 24.6% |
| Financials | 17.1% |
| Industrials | 7.0% |
| Consumer Discretionary | 6.7% |
| Information Technology | 5.7% |
| Cash & Cash Equivalents | 4.5% |
| Consumer Staples | 3.3% |
| Telecommunication Services | 2.1% |
| Utilities | 2.0% |
The top ten investments which comprised 27.6% of the investment portfolio at market as of December 31, 2009 were as follows:
| BMTC Group Inc. | 3.5% |
| Labrador Iron Ore Royalty Income Fund | 3.1% |
| BPO Properties Ltd. | 2.9% |
| Royal Bank of Canada | 2.8% |
| Canadian Treasury Bills | 2.7% |
| Pacific Rubiales Energy Corp. | 2.7% |
| Bank of Montreal | 2.5% |
| Franco-Nevada Corporation | 2.5% |
| Petrobank Energy and Resources Ltd. | 2.5% |
| Enbridge Inc. | 2.4% |
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FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Vanessa L. Morgan
Chairman
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.mmainvestments.com
