Canadian General Investments: Investment Update - Unaudited

Thursday, July 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 June 30, 2018 was $35.73, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 9.0% and 26.6%, respectively.  These compare with the 1.9% and 10.4% 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 June 30, 2018 was $24.95, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 6.8% and 22.3%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of June 30, 2018 were as follows:
 

Materials

19.9%

Consumer Discretionary

18.5%

Information Technology

14.9%

Industrials

13.7%

Financials

13.3%

Energy

10.9%

Health Care

3.0%

Telecommunication Services

2.9%

Real Estate

1.1%

Cash & Cash Equivalents

1.0%

Utilities

0.7%

Consumer Staples

0.2%

The top ten investments which comprised 37.2% of the investment portfolio at market as of June 30, 2018 were as follows:

NVIDIA Corporation

4.7%

Amazon.com, Inc.

4.4%

Dollarama Inc.

4.1%

Shopify Inc.

4.0%

First Quantum Minerals Ltd.

3.9%

Canada Goose Holdings Inc. 

3.5%

Franco-Nevada Corporation

3.4%

Bank of Montreal

3.1%

Canadian Pacific Railway Limited

3.1%

MasterCard Incorporated, class A

3.0%
 
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729