Canadian General Investments: Investment Update - Unaudited

Thursday, September 6, 2018
 
NEWS RELEASE TRANSMITTED BY GLOBENEWSWIRE
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
 
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 August 31, 2018 was $37.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 14.1% and 29.2%, respectively.  These compare with the 2.3% and 10.1% 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 August 31, 2018 was $26.06, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 12.4% and 24.6%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of August 31, 2018 were as follows:
 

Information Technology

19.8%

Consumer Discretionary

18.6%

Materials

17.9%

Industrials

14.0%

Financials

10.3%

Energy

9.5%

Health Care

4.5%

Telecommunication Services

3.0%

Real Estate

1.1%

Cash & Cash Equivalents

0.7%

Utilities

0.6%

The top ten investments which comprised 37.7% of the investment portfolio at market as of August 31, 2018 were as follows:

NVIDIA Corporation

5.3%

Amazon.com, Inc.

5.0%

Dollarama Inc.

3.8%

Shopify Inc.

3.8%

Canada Goose Holdings Inc.

3.5%

Canadian Pacific Railway Limited

3.4%

Air Canada

3.3%

Canopy Growth Corporation

3.2%

MasterCard Incorporated, class A

3.2%

First Quantum Minerals Ltd.

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