Canadian General Investments: Investment Update - Unaudited

Wednesday, October 3, 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 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