Canadian General Investments: Investment Update - Unaudited

Wednesday, October 4, 2017
 
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 September 30, 2017 was $30.55, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.2% and 17.6%, respectively.  These compare with the 4.4% and 9.2% 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 September 30, 2017 was $21.83, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 15.1% and 24.3%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of September 30, 2017 were as follows:
 

Materials

20.5%

Consumer Discretionary

15.8%

Information Technology

15.0%

Energy

14.8%

Financials

13.4%

Industrials

13.1%

Telecommunication Services

3.3%

Consumer Staples

1.7%

Real Estate

1.1%

Utilities

0.9%

Cash & Cash Equivalents

0.4%

The top ten investments which comprised 36.6% of the investment portfolio at market as of September 30, 2017 were as follows:

Dollarama Inc.

5.7%

NVIDIA Corporation

4.3%

Franco-Nevada Corporation

3.9%

Air Canada

3.8%

Shopify Inc.

3.4%

Bank of Montreal

3.3%

First Quantum Minerals Ltd.

3.2%

Canadian Pacific Railway Limited

3.1%

Royal Bank of Canada

3.0%

CCL Industries 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