TORONTO, Canada, Feb. 04, 2019 (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 January 31, 2019 was
$32.92, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 14.0% and -0.9%, respectively.
These compare with the 8.7% and 0.5% 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 January 31, 2019 was $22.50, resulting in year-to-date and 12-month share price
returns, with dividends reinvested, of 9.7% and -3.0%, respectively.
The sector weightings of CGI’s investment portfolio at market as of January 31, 2019 were as follows:
| |
Materials |
17.5 |
% |
|
| |
Information Technology |
16.8 |
% |
|
| |
Consumer Discretionary |
14.0 |
% |
|
| |
Industrials |
13.7 |
% |
|
| |
Financials |
10.8 |
% |
|
| |
Energy |
9.4 |
% |
|
| |
Cash & Cash Equivalents |
7.6 |
% |
|
| |
Health Care |
4.8 |
% |
|
| |
Communication Services |
3.3 |
% |
|
| |
Real Estate |
1.3 |
% |
|
| |
Utilities |
0.8 |
% |
|
| |
|
|
|
|
The top ten investments which comprised 39.4% of the investment portfolio at market as of January 31, 2019 were as follows:
| |
Cash |
7.6 |
% |
|
| |
Shopify Inc. |
4.6 |
% |
|
| |
Air Canada |
3.7 |
% |
|
| |
Canadian Pacific Railway Limited |
3.7 |
% |
|
| |
Franco-Nevada Corporation |
3.5 |
% |
|
| |
Mastercard Incorporated, class A |
3.5 |
% |
|
| |
First Quantum Minerals Ltd. |
3.3 |
% |
|
| |
Canopy Growth Corporation |
3.2 |
% |
|
| |
Bank of Montreal |
3.2 |
% |
|
| |
Amazon.com, Inc. |
3.1 |
% |
|
| |
|
|
|
|
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
