Canadian General Investments: Investment Update - Unaudited
TORONTO, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (TSX:CGI.PR.D) (LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2018 was $32.10, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -1.6% and 3.1%, respectively. These compare with the -5.0% and -3.4% 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 October 31, 2018 was $22.70, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.1% and 2.2%, respectively.
The sector weightings of CGI’s investment portfolio at market as of October 31, 2018 were as follows:
| Information Technology | 19.5 | % |
| Consumer Discretionary | 17.5 | % |
| Materials | 17.3 | % |
| Industrials | 14.1 | % |
| Financials | 10.9 | % |
| Energy | 9.9 | % |
| Health Care | 4.3 | % |
| Communication Services | 3.3 | % |
| Real Estate | 1.3 | % |
| Cash & Cash Equivalents | 1.2 | % |
| Utilities | 0.7 | % |
The top ten investments which comprised 37.1% of the investment portfolio at market as of October 31, 2018 were as follows:
| NVIDIA Corporation | 4.6 | % |
| Amazon.com, Inc. | 4.5 | % |
| Shopify Inc. | 4.1 | % |
| Canadian Pacific Railway Limited | 3.8 | % |
| Canada Goose Holdings Inc. | 3.6 | % |
| Air Canada | 3.5 | % |
| MasterCard Incorporated, class A | 3.3 | % |
| Bank of Montreal | 3.3 | % |
| Dollarama Inc. | 3.2 | % |
| Franco-Nevada Corporation | 3.2 | % |
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.canadiangeneralinvestments.ca
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
