5 Apr 2018 07:00
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
April 4, 2018
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 March 31, 2018 was $32.83, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -0.4% and 16.6%, respectively. These compare with the -4.5% and 1.7% 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 March 31, 2018 was $23.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -0.6% and 16.5%, respectively.
The sector weightings of CGI's investment portfolio at market as of March 31, 2018 were as follows:
Materials | 20.9% |
Consumer Discretionary | 17.1% |
Information Technology | 14.0% |
Industrials | 13.8% |
Financials | 13.6% |
Energy | 11.6% |
Telecommunication Services | 2.9% |
Health Care | 2.7% |
Real Estate | 1.2% |
Utilities | 0.8% |
Consumer Staples | 0.8% |
Cash & Cash Equivalents | 0.6% |
The top ten investments which comprised 36.9% of the investment portfolio at market as of March 31, 2018 were as follows:
NVIDIA Corporation | 4.8% |
Dollarama Inc. | 4.5% |
Amazon.com, Inc. | 3.9% |
First Quantum Minerals Ltd. | 3.9% |
Air Canada | 3.7% |
Shopify Inc. | 3.6% |
Franco-Nevada Corporation | 3.3% |
Bank of Montreal | 3.2% |
Canadian Pacific Railway Limited | 3.1% |
Royal Bank of Canada | 2.9% |
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)