Canadian General Investments: Investment Update - Unaudited

Monday, June 5, 2017
 
NEWS RELEASE TRANSMITTED BY MARKETWIRED
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 May 31, 2017 was $29.61, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.1% and 21.9%, respectively.  These compare with the 1.5% and 12.3% 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 May 31, 2017 was $22.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 17.2% and 32.1%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of May 31, 2017 were as follows:

Materials

18.6%

Consumer Discretionary

16.7%

Energy

15.5%

Information Technology

14.8%

Financials

12.8%

Industrials

11.8%

Telecommunication Services

3.4%

Real Estate

2.6%

Consumer Staples

1.9%

Utilities

1.0%

Cash & Cash Equivalents

0.9%

The top ten investments which comprised 35.1% of the investment portfolio at market as of May 31, 2017 were as follows:

Dollarama Inc.

5.4%

Franco-Nevada Corporation

4.1%

NVIDIA Corporation

3.8%

Bank of Montreal

3.2%

Open Text Corporation

3.2%

Canadian Pacific Railway Limited

3.2%

CCL Industries Inc.

3.1%

Amazon.com, Inc.

3.1%

Shopify Inc.

3.0%

Royal Bank of Canada

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