TORONTO, Canada, April 03, 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 March 31, 2019 was $34.97 resulting in
year-to-date and 12-month NAV returns, with dividends reinvested, of 21.8% and 8.9%, respectively. These compare with the
13.3% and 8.1% 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 March 31, 2019 was $24.30, resulting in year-to-date and 12-month share price
returns, with dividends reinvested, of 19.5% and 7.2%, respectively.
The sector weightings of CGI’s investment portfolio at market as of March 31, 2019 were as follows:
| Information Technology |
19.8 |
% |
| Materials |
17.0 |
% |
| Industrials |
14.4 |
% |
| Consumer Discretionary |
14.0 |
% |
| Financials |
10.2 |
% |
| Energy |
9.3 |
% |
| Health Care |
5.4 |
% |
| Cash & Cash Equivalents |
4.6 |
% |
| Communication Services |
3.3 |
% |
| Real Estate |
1.2 |
% |
| Utilities |
0.8 |
% |
The top ten investments which comprised 36.8% of the investment portfolio at market as of March 31, 2019 were as follows:
| Shopify Inc. |
5.5 |
% |
| Cash |
4.6 |
% |
| Air Canada |
3.9 |
% |
| Mastercard Incorporated, class A |
3.8 |
% |
| Canadian Pacific Railway Limited |
3.6 |
% |
| Franco-Nevada Corporation |
3.3 |
% |
| Bank of Montreal |
3.1 |
% |
| Amazon.com, Inc. |
3.1 |
% |
| First Quantum Minerals Ltd. |
3.1 |
% |
| Royal Bank of Canada |
2.8 |
% |
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
