Morgan Meighen & Associates
TORONTO, CANADA – Canadian General Investments, Limited (CGI) reports on an unaudited basis that its diluted net asset value per share (NAV) at May 31, 2007 was $34.83, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.6% and 32.6%, respectively. This compares with the 9.9% and 22.7% 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 was $28.47, resulting in year-to-date and 12-month market returns with dividends reinvested of 4.4% and 18.1%, respectively.
The sector weightings of CGI’s investment portfolio at market as of May 31, 2007 were as follows:
| Financials |
26.0% |
| Materials |
23.7% |
| Energy |
21.5% |
| Industrials |
9.3% |
| Consumer Discretionary |
6.9% |
| Telecommunication Services |
4.0% |
| Information Technology |
3.8% |
| Consumer Staples |
1.9% |
| Utilities |
1.5% |
| Health Care |
0.9% |
| Cash & Cash Equivalents |
0.5% |
The top ten investments, which comprised 19.9% of the investment portfolio at market, excluding non-convertible preferred shares, as of May 31, 2007 were as follows:
| Cameco Corporation |
2.8% |
| Rogers Communications Inc. |
2.6% |
| BPO Properties Ltd. |
2.1% |
| HudBay Minerals Inc. |
2.1% |
| Research In Motion Limited |
1.9% |
| BMTC Group Inc. |
1.8% |
| TSX Group Inc. |
1.7% |
| Russel Metals Inc. |
1.7% |
| Skye Resources Inc. |
1.6% |
| FNX Mining Company Inc. |
1.6% |
Note 1: CGI’s investment in NYSE Euronext, Inc. through its holdings in Caldwell New York Limited Partnership and Caldwell New York LP IV represented 2.6% of its investment portfolio at May 31, 2007.
View more information on Canadian General Investments or other Closed-End Funds.
|
©2012 Closed-End Fund Association, Inc. All Rights Reserved
 | | Powered by a SySys® data & content management system. Click here to learn more. |
|
|