Canadian General Investments Ltd T.CGI

Alternate Symbol(s): CGRIF

Canadian General Investments, Limited closed-end equity fund. The Company is focused on medium- to long-term investments in primarily Canadian corporations. The Company’s objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains and appropriate income-generating instruments. The Company invests in sectors, including information technology, industrials, materials, consumer discretionary, energy, financials, real estate, communication services, health care and cash & cash equivalents. The Company participates in a securities lending program with its custodian, CIBC Mellon Trust Company. The Company's securities lending collateral includes Federal government debt securities, Provincial government debt securities and United States government debt securities. The Company’s investment and administration activities are managed by Morgan Meighen & Associates Limited (the Manager).

TSX:CGI - Post by User

Canadian General Investments Ltd

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Post by Betteryear2on May 04, 2022 2:18pm

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Post# 34655800

Canadian General Investments: Investment Update - Unaudited

TORONTO, May 04, 2022 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX: CGI, CGI.PR.D) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at April 30, 2022 was $52.46, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -14.1% and -2.6%, respectively. These compare with the -1.3% and 11.6% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

Canadian General Investments: Investment Update - Unaudited

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