Canadian General Investments: Investment Update - Unaudited

Thursday, July 6, 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 June 30, 2017 was $28.94, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.7% and 20.9%, respectively.  These compare with the 0.7% and 11.0% 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 June 30, 2017 was $21.10, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 10.4% and 22.0%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of June 30, 2017 were as follows:

Materials

18.9%

Consumer Discretionary

16.3%

Energy

15.5%

Information Technology

14.0%

Industrials

13.5%

Financials

13.4%

Cash & Cash Equivalents

3.7%

Telecommunication Services

3.3%

Consumer Staples

2.0%

Utilities

1.1%

The top ten investments which comprised 35.9% of the investment portfolio at market as of June 30, 2017 were as follows:

Dollarama Inc.

5.4%

Franco-Nevada Corporation

3.9%

NVIDIA Corporation

3.8%

Cash

3.7%

Bank of Montreal

3.5%

CCL Industries Inc.

3.3%

Canadian Pacific Railway Limited

3.2%

Royal Bank of Canada

3.1%

Open Text Corporation

3.1%

Amazon.com, Inc.

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