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 March 31, 2010 was $20.90, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.8% and 66.2%, respectively. These compare with the 3.1% and 42.1% 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, 2010 was $16.25, resulting in year-to-date and 12-month market returns, with dividends reinvested, of 3.0% and 62.6%, respectively.
The sector weightings of CGI’s investment portfolio at market as of March 31, 2010 were as follows:
| Materials | 27.5% |
| Energy | 26.8% |
| Financials | 15.8% |
| Industrials | 7.1% |
| Consumer Discretionary | 6.9% |
| Information Technology | 6.0% |
| Cash & Cash Equivalents | 3.3% |
| Consumer Staples | 2.7% |
| Telecommunication Services | 2.1% |
| Utilities | 2.0% |
The top ten investments which comprised 28.2% of the investment portfolio at market as of March 31, 2010 were as follows:
| BMTC Group Inc. | 3.9% |
| Labrador Iron Ore Royalty Income Fund | 3.6% |
| Pacific Rubiales Energy Corp. | 3.0% |
| Royal Bank of Canada | 2.8% |
| BPO Properties Ltd. | 2.7% |
| Bank of Montreal | 2.6% |
| Canadian Treasury Bills | 2.6% |
| Petrobank Energy and Resources Ltd. | 2.4% |
| SXC Health Solutions Corp. | 2.3% |
| Franco-Nevada Corporation | 2.3% |
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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
