TORONTO, Canada, March 05, 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 February 28, 2019 was $34.18, resulting in
year-to-date and 12-month NAV returns, with dividends reinvested, of 19.1% and 5.8%, respectively. These compare with the
12.2% and 6.9% 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 February 28, 2019 was $24.15, resulting in year-to-date and 12-month share price
returns, with dividends reinvested, of 18.7% and 4.8%, respectively.
The sector weightings of CGI’s investment portfolio at market as of February 28, 2019 were as follows:
| |
Information Technology |
17.7 |
% |
| |
Materials |
16.8 |
% |
| |
Industrials |
14.5 |
% |
| |
Consumer Discretionary |
14.0 |
% |
| |
Financials |
10.7 |
% |
| |
Energy |
9.4 |
% |
| |
Cash & Cash Equivalents |
6.1 |
% |
| |
Health Care |
5.4 |
% |
| |
Communication Services |
3.3 |
% |
| |
Real Estate |
1.3 |
% |
| |
Utilities |
0.8 |
% |
The top ten investments which comprised 38.0% of the investment portfolio at market as of February 28, 2019 were as follows:
| |
Cash |
6.1 |
% |
| |
Shopify Inc. |
5.0 |
% |
| |
Air Canada |
4.0 |
% |
| |
Canadian Pacific Railway Limited |
3.6 |
% |
| |
Mastercard Incorporated, class A |
3.6 |
% |
| |
Franco-Nevada Corporation |
3.3 |
% |
| |
Bank of Montreal |
3.3 |
% |
| |
First Quantum Minerals Ltd. |
3.1 |
% |
| |
Canopy Growth Corporation |
3.0 |
% |
| |
Canada Goose Holdings Inc. |
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
