Canadian General Investments: Investment Update - Unaudited

Monday, February 5, 2018
 
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, 2018 was $33.96, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.5% and 22.6%, respectively.  These compare with the -1.4% and 6.7% 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, 2018 was $23.93, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.8% and 29.4%, respectively.
 
The sector weightings of CGI’s investment portfolio at market as of January 31, 2018 were as follows:
 

Materials

20.9%

Consumer Discretionary

17.2%

Information Technology

13.9%

Financials

13.4%

Industrials

13.2%

Energy

12.3%

Telecommunication Services

2.9%

Health Care

2.8%

Real Estate

1.1%

Consumer Staples

0.8%

Utilities

0.8%

Cash & Cash Equivalents

0.7%

The top ten investments which comprised 36.3% of the investment portfolio at market as of January 31, 2018 were as follows:

NVIDIA Corporation

4.8%

Dollarama Inc.

4.7%

First Quantum Minerals Ltd.

3.8%

Amazon.com, Inc.

3.6%

Franco-Nevada Corporation

3.5%

Shopify Inc.

3.4%

Bank of Montreal

3.2%

Air Canada

3.2%

Canadian Pacific Railway Limited

3.1%

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