Canadian General Investments: Investment Update - Unaudited

Tuesday, December 5, 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 November 30, 2017 was $32.37, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 18.5% and 19.0%, respectively.  These compare with the 7.8% and 9.6% 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 November 30, 2017 was $23.80, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 26.5% and 33.6%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of November 30, 2017 were as follows:
 

Materials

20.0%

Consumer Discretionary

17.5%

Information Technology

14.7%

Financials

13.4%

Industrials

13.3%

Energy

12.9%

Telecommunication Services

3.3%

Real Estate

1.2%

Cash & Cash Equivalents

1.0%

Utilities

0.9%

Health Care

0.9%

Consumer Staples

0.9%

The top ten investments which comprised 37.2% of the investment portfolio at market as of November 30, 2017 were as follows:

Dollarama Inc.

6.3%

NVIDIA Corporation

4.7%

Franco-Nevada Corporation

4.0%

Air Canada

3.4%

Bank of Montreal

3.3%

First Quantum Minerals Ltd.

3.2%

Amazon.com, Inc.

3.2%

Canadian Pacific Railway Limited

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