TORONTO, Dec. 05, 2017 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (TSX:CGI.PR.D)
(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2017 was $32.37, resulting in
year-to-date and 12-month NAV returns, with dividends reinvested, of 18.5% and 19.0%, respectively. These compare with the
7.8% and 9.6% 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 November 30, 2017 was $23.80, resulting in year-to-date and
12-month share price returns, with dividends reinvested, of 26.5% and 33.6%, respectively.
The sector weightings of CGI’s investment portfolio at market as of November 30, 2017 were as follows:
| Materials |
20.0% |
| Consumer Discretionary |
17.5% |
| Information Technology |
14.7% |
| Financials |
13.4% |
| Industrials |
13.3% |
| Energy |
12.9% |
| Telecommunication Services
|
3.3% |
| Real Estate |
1.2% |
| Cash & Cash Equivalents |
1.0% |
| Utilities |
0.9% |
| Health Care |
0.9% |
| Consumer Staples |
0.9% |
The top ten investments which comprised 37.2% of the investment portfolio at market as of November 30, 2017 were as follows:
| Dollarama Inc. |
6.3% |
| NVIDIA Corporation |
4.7% |
| Franco-Nevada Corporation
|
4.0% |
| Air Canada |
3.4% |
| Bank of Montreal |
3.3% |
| First Quantum Minerals Ltd. |
3.2% |
| Amazon.com, Inc. |
3.2% |
| Canadian Pacific Railway Limited |
3.1% |
| Shopify Inc. |
3.0% |
| 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
