Canadian General Investments: Investment Update - Unaudited

Monday, February 4, 2019
 
NEWS RELEASE TRANSMITTED BY GLOBENEWSWIRE
FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
 
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 January 31, 2019 was $32.92, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 14.0% and -0.9%, respectively.  These compare with the 8.7% and 0.5% 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 January 31, 2019 was $22.50, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 9.7% and -3.0%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of January 31, 2019 were as follows:
 

Materials

17.5%

Information Technology

16.8%

Consumer Discretionary

14.0%

Industrials

13.7%

Financials

10.8%

Energy

9.4%

Cash & Cash Equivalents

7.6%

Health Care

4.8%

Communication Services

3.3%

Real Estate

1.3%

Utilities

0.8%

The top ten investments which comprised 39.4% of the investment portfolio at market as of January 31, 2019 were as follows:

Cash

7.6%

Shopify Inc.

4.6%

Air Canada

3.7%

Canadian Pacific Railway Limited

3.7%

Franco-Nevada Corporation

3.5%

Mastercard Incorporated, class A

3.5%

First Quantum Minerals Ltd.

3.3%

Canopy Growth Corporation

3.2%

Bank of Montreal

3.2%

Amazon.com, Inc.

3.1%
 
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729