Canadian General Investments: Investment Update - Unaudited

Wednesday, February 5, 2020
 
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, 2020 was $38.04, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.9% and 18.2%, respectively.  These compare with the 1.7% and 15.0% 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, 2020 was $26.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.7% and 21.3%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of January 31, 2020 were as follows:
 

Information Technology

24.9%

Industrials

18.9%

Consumer Discretionary

14.7%

Materials

13.5%

Financials

9.9%

Energy

7.9%

Communication Services

2.9%

Real Estate

2.9%

Cash & Cash Equivalents

1.9%

Health Care

1.7%

Utilities

0.8%

The top ten investments which comprised 36.8% of the investment portfolio at market as of January 31, 2020 were as follows:

Shopify Inc.

5.7%

Franco-Nevada Corporation

4.5%

Air Canada

4.2%

Canadian Pacific Railway Limited

4.2%

Mastercard Incorporated, class A

4.1%

Amazon.com, Inc.

3.2%

NVIDIA Corporation

2.9%

Bank of Montreal

2.9%

Royal Bank of Canada

2.6%

Apple Inc.

2.5%

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