Canadian General Investments: Investment Update - Unaudited

Wednesday, December 5, 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 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