Canadian General Investments: Investment Update - Unaudited

Tuesday, June 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 May 31, 2018 was $35.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.4% and 21.8%, respectively.  These compare with the 0.2% and 7.7% 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 May 31, 2018 was $24.15, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 3.4% and 11.5%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of May 31, 2018 were as follows:
 

Materials

20.7%

Consumer Discretionary

17.3%

Information Technology

14.6%

Industrials

13.3%

Financials

13.1%

Energy

12.5%

Telecommunication Services

2.8%

Health Care

2.7%

Real Estate

1.0%

Utilities

0.7%

Consumer Staples

0.7%

Cash & Cash Equivalents

0.6%

The top ten investments which comprised 36.7% of the investment portfolio at market as of May 31, 2018 were as follows:

NVIDIA Corporation

5.0%

Amazon.com, Inc.

4.2%

First Quantum Minerals Ltd.

4.1%

Dollarama Inc.

4.0%

Shopify Inc.

4.0%

Franco-Nevada Corporation

3.2%

Canadian Pacific Railway Limited

3.2%

Bank of Montreal

3.1%

Air Canada

3.0%

MasterCard Incorporated, class A

2.9%
 
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729