6 Nov 2019 07:00
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
November 5, 2019
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 October 31, 2019 was $34.71 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 22.3% and 10.7%, respectively. These compare with the 18.1% and 13.2% 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, 2019 was $23.78, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 18.9% and 8.3%, respectively.
The sector weightings of CGI's investment portfolio at market as of October 31, 2019 were as follows:
Information Technology | 24.1% |
Industrials | 19.0% |
Materials | 14.4% |
Consumer Discretionary | 13.3% |
Financials | 10.5% |
Energy | 7.5% |
Cash & Cash Equivalents | 3.3% |
Health Care | 3.0% |
Communication Services | 2.9% |
Real Estate | 1.5% |
Utilities | 0.8% |
The top ten investments which comprised 39.2% of the investment portfolio at market as of October 31, 2019 were as follows:
Shopify Inc. | 6.7% |
Air Canada | 5.5% |
Mastercard Incorporated, class A | 4.3% |
Franco-Nevada Corporation | 4.1% |
Canadian Pacific Railway Limited | 3.8% |
Cash | 3.3% |
Amazon.com, Inc. | 3.0% |
Bank of Montreal | 3.0% |
Royal Bank of Canada | 2.9% |
NVIDIA Corporation | 2.6% |
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
Canadian Gen. (CGI)