5 Feb 2019 07:00
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
February 4, 2019
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 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