Canadian General Investments: Investment Update - Unaudited

Friday, August 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 July 31, 2018 was $35.72, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 9.0% and 24.7%, respectively.  These compare with the 3.1% and 11.7% 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 July 31, 2018 was $25.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 7.0% and 22.0%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of July 31, 2018 were as follows:
 

Materials

20.2%

Information Technology

18.3%

Consumer Discretionary

18.1%

Industrials

13.9%

Energy

10.7%

Financials

10.5%

Telecommunication Services

3.0%

Health Care

2.8%

Real Estate

1.1%

Utilities

0.7%

Cash & Cash Equivalents

0.5%

Consumer Staples

0.2%

The top ten investments which comprised 37.3% of the investment portfolio at market as of July 31, 2018 were as follows:

NVIDIA Corporation

4.8%

Amazon.com, Inc.

4.5%

First Quantum Minerals Ltd.

4.1%

Dollarama Inc.

3.8%

Shopify Inc.

3.8%

Canada Goose Holdings Inc. 

3.4%

Franco-Nevada Corporation

3.4%

Canadian Pacific Railway Limited

3.3%

Bank of Montreal

3.2%

Air Canada

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