6 Nov 2018 07:00
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
November 5, 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 October 31, 2018 was $32.10, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -1.6% and 3.1%, respectively. These compare with the -5.0% and -3.4% 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 October 31, 2018 was $22.70, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.1% and 2.2%, respectively.
The sector weightings of CGI's investment portfolio at market as of October 31, 2018 were as follows:
Information Technology | 19.5% |
Consumer Discretionary | 17.5% |
Materials | 17.3% |
Industrials | 14.1% |
Financials | 10.9% |
Energy | 9.9% |
Health Care | 4.3% |
Communication Services | 3.3% |
Real Estate | 1.3% |
Cash & Cash Equivalents | 1.2% |
Utilities | 0.7% |
The top ten investments which comprised 37.1% of the investment portfolio at market as of October 31, 2018 were as follows:
NVIDIA Corporation | 4.6% |
Amazon.com, Inc. | 4.5% |
Shopify Inc. | 4.1% |
Canadian Pacific Railway Limited | 3.8% |
Canada Goose Holdings Inc. | 3.6% |
Air Canada | 3.5% |
MasterCard Incorporated, class A | 3.3% |
Bank of Montreal | 3.3% |
Dollarama Inc. | 3.2% |
Franco-Nevada Corporation | 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
Canadian Gen. (CGI)