TORONTO, Nov. 05, 2018 (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 October 31, 2018 was $32.10, resulting in year-to-date
and 12-month NAV returns, with dividends reinvested, of -1.6% and 3.1%, respectively. These compare with the -5.0% and -3.4%
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, 2018 was $22.70, resulting in year-to-date and 12-month share price
returns, with dividends reinvested, of -2.1% and 2.2%, respectively.
The sector weightings of CGI’s investment portfolio at market as of October 31, 2018 were as follows:
| Information Technology |
19.5 |
% |
| Consumer Discretionary |
17.5 |
% |
| Materials |
17.3 |
% |
| Industrials |
14.1 |
% |
| Financials |
10.9 |
% |
| Energy |
9.9 |
% |
| Health Care |
4.3 |
% |
| Communication Services |
3.3 |
% |
| Real Estate |
1.3 |
% |
| Cash & Cash Equivalents |
1.2 |
% |
| Utilities |
0.7 |
% |
The top ten investments which comprised 37.1% of the investment portfolio at market as of October 31, 2018 were as follows:
| NVIDIA Corporation |
4.6 |
% |
| Amazon.com, Inc. |
4.5 |
% |
| Shopify Inc. |
4.1 |
% |
| Canadian Pacific Railway Limited |
3.8 |
% |
| Canada Goose Holdings Inc. |
3.6 |
% |
| Air Canada |
3.5 |
% |
| MasterCard Incorporated, class A |
3.3 |
% |
| Bank of Montreal |
3.3 |
% |
| Dollarama Inc. |
3.2 |
% |
| Franco-Nevada Corporation |
3.2 |
% |
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
