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Canadian General Investments: Investment Update - Unaudited

TORONTO, Canada, March 05, 2019 (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 February 28, 2019 was $34.18, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 19.1% and 5.8%, respectively.  These compare with the 12.2% and 6.9% 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 February 28, 2019 was $24.15, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 18.7% and 4.8%, respectively.

The sector weightings of CGI’s investment portfolio at market as of February 28, 2019 were as follows:

  Information Technology 17.7 %
  Materials 16.8 %
  Industrials 14.5 %
  Consumer Discretionary 14.0 %
  Financials 10.7 %
  Energy 9.4 %
  Cash & Cash Equivalents 6.1 %
  Health Care 5.4 %
  Communication Services 3.3 %
  Real Estate 1.3 %
  Utilities 0.8 %

The top ten investments which comprised 38.0% of the investment portfolio at market as of February 28, 2019 were as follows:

  Cash 6.1 %
  Shopify Inc. 5.0 %
  Air Canada 4.0 %
  Canadian Pacific Railway Limited 3.6 %
  Mastercard Incorporated, class A 3.6 %
  Franco-Nevada Corporation 3.3 %
  Bank of Montreal 3.3 %
  First Quantum Minerals Ltd. 3.1 %
  Canopy Growth Corporation 3.0 %
  Canada Goose Holdings Inc. 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
e-mail: cgifund@mmainvestments.com
website: www.canadiangeneralinvestments.ca

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