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 May 31, 2010 was $19.23, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.1% and 31.0%, respectively. These compare with the 1.2% and 16.7% 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 May 31, 2010 was $15.74, resulting in year-to-date and 12-month market returns, with dividends reinvested, of -0.2% and 38.8%, respectively.
The sector weightings of CGI’s investment portfolio at market as of May 31, 2010 were as follows:
| Energy | 23.0% |
| Materials | 22.3% |
| Financials | 16.1% |
| Cash & Cash Equivalents | 10.6% |
| Consumer Discretionary | 8.0% |
| Information Technology | 7.2% |
| Industrials | 6.8% |
| Telecommunication Services | 2.3% |
| Utilities | 1.9% |
| Consumer Staples | 1.8% |
The top ten investments which comprised 35.0% of the investment portfolio at market as of May 31, 2010 were as follows:
| Canadian Treasury Bills | 5.4% |
| Canadian Cash | 5.2% |
| BMTC Group Inc. | 4.2% |
| Labrador Iron Ore Royalty Income Fund | 3.4% |
| Pacific Rubiales Energy Corp. | 3.1% |
| Brookfield Office Properties Canada | 2.9% |
| Bank of Montreal | 2.8% |
| SXC Health Solutions Corp. | 2.8% |
| Royal Bank of Canada | 2.7% |
| Franco-Nevada Corporation | 2.5% |
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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
