3 Oct 2018 16:17
NEWS RELEASE TRANSMITTED BY GLOBENEWSWIRE
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
October 3, 2018
Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2018 was $36.89, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.1% and 23.6%, respectively. These compare with the 1.4% and 5.9% 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 September 30, 2018 was $25.60, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 10.4% and 21.1%, respectively.
The sector weightings of CGI's investment portfolio at market as of September 30, 2018 were as follows:
Information Technology | 20.4% |
Consumer Discretionary | 18.1% |
Materials | 17.6% |
Industrials | 13.9% |
Financials | 10.3% |
Energy | 9.8% |
Health Care | 4.7% |
Communication Services | 2.9% |
Real Estate | 1.2% |
Utilities | 0.7% |
Cash & Cash Equivalents | 0.4% |
The top ten investments which comprised 38.2% of the investment portfolio at market as of September 30, 2018 were as follows:
NVIDIA Corporation | 5.3% |
Amazon.com, Inc. | 4.9% |
Shopify Inc. | 4.3% |
Canada Goose Holdings Inc. | 3.7% |
Air Canada | 3.5% |
Canadian Pacific Railway Limited | 3.4% |
Canopy Growth Corporation | 3.4% |
MasterCard Incorporated, class A | 3.3% |
Bank of Montreal | 3.2% |
Dollarama Inc. | 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