Canadian General Investments: Investment Update - Unaudited
/EINPresswire.com/ -- TORONTO, CANADA--(Marketwired - Dec 5, 2016) - Canadian General Investments, Limited (TSX:CGI) (TSX:CGI.PR.D) (LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at November 30, 2016 was $27.99 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 17.8% and 12.2%, respectively. These compare with the 19.1% and 15.5% 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, 2016 was $18.53, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 2.5% and 0.8%, respectively.
The sector weightings of CGI's investment portfolio at market as of November 30, 2016 were as follows:
| Energy | 19.7% |
| Materials | 18.7% |
| Consumer Discretionary | 17.0% |
| Financials | 13.7% |
| Industrials | 12.4% |
| Information Technology | 10.0% |
| Telecommunication Services | 3.0% |
| Real Estate | 2.2% |
| Consumer Staples | 2.0% |
| Utilities | 1.0% |
The top ten investments which comprised 33.5% of the investment portfolio at market as of
November 30, 2016 were as follows:
| Dollarama Inc. | 5.6% |
| First Quantum Minerals Ltd. | 3.8% |
| Franco-Nevada Corporation | 3.3% |
| Bank of Montreal | 3.3% |
| Open Text Corporation | 3.3% |
| Canadian Pacific Railway Limited | 3.2% |
| CCL Industries Inc. | 3.0% |
| Royal Bank of Canada | 2.9% |
| Enbridge Inc. | 2.6% |
| NVIDIA Corporation | 2.5% |
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca
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