TORONTO, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI)
(TSX:CGI.PR.D) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2017 was $31.85,
resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 16.0% and 23.0%, respectively. These
compare with the 7.3% and 11.5% 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 October 31, 2017 was $22.94, resulting in year-to-date and 12-month share price
returns, with dividends reinvested, of 21.0% and 32.2%, respectively.
The sector weightings of CGI’s investment portfolio at market as of October 31, 2017 were as follows:
| Materials |
20.5 |
% |
|
| Consumer Discretionary |
16.2 |
% |
|
| Information Technology |
15.1 |
% |
|
| Financials |
13.6 |
% |
|
| Energy |
13.4 |
% |
|
| Industrials |
13.3 |
% |
|
| Telecommunication Services |
3.3 |
% |
|
| Real Estate |
1.1 |
% |
|
| Cash & Cash Equivalents |
1.0 |
% |
|
| Utilities |
0.9 |
% |
|
| Consumer Staples |
0.8 |
% |
|
| Health Care |
0.8 |
% |
|
| |
|
|
|
The top ten investments which comprised 37.2% of the investment portfolio at market as of October 31, 2017 were as follows:
| Dollarama Inc. |
5.8 |
% |
|
| NVIDIA Corporation |
4.9 |
% |
|
| Franco-Nevada Corporation |
4.0 |
% |
|
| Air Canada |
3.6 |
% |
|
| Bank of Montreal |
3.3 |
% |
|
| First Quantum Minerals Ltd. |
3.2 |
% |
|
| Canadian Pacific Railway Limited |
3.2 |
% |
|
| Open Text Corporation |
3.1 |
% |
|
| Amazon.com, Inc. |
3.1 |
% |
|
| Royal Bank of Canada |
3.0 |
% |
|
| |
|
|
|
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.canadiangeneralinvestments.ca
