Canadian General Investments: Investment Update – Unaudited

CBJ Newsmakers

TORONTO, Dec. 05, 2018 (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 November 30, 2018 was $32.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -0.7% and 1.8%, respectively.  These compare with the -3.7% and -2.5% 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 November 30, 2018 was $22.11, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -3.8% and -4.0%, respectively.

The sector weightings of CGI’s investment portfolio at market as of November 30, 2018 were as follows:

Consumer Discretionary 19.0%  
Information Technology 18.5%  
Materials 17.7%  
Industrials 14.6%  
Financials 10.9%  
Energy 9.2%  
Health Care 3.6%  
Communication Services 3.4%  
Real Estate 1.2%  
Cash & Cash Equivalents 1.2%  
Utilities 0.7%  

The top ten investments which comprised 38.5% of the investment portfolio at market as of November 30, 2018 were as follows:

Amazon.com, Inc. 4.8%  
Shopify Inc. 4.5%  
Canada Goose Holdings Inc. 4.4%  
Air Canada 4.0%  
Canadian Pacific Railway Limited 3.9%  
NVIDIA Corporation 3.6%  
Franco-Nevada Corporation 3.5%  
MasterCard Incorporated, class A 3.4%  
Bank of Montreal 3.3%  
Dollarama 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

                                                                                                                     

 

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