Canadian General Investments: Investment Update - Unaudited

TORONTO, CANADA, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI)(TSX:CGI), (TSX:CGI.PR.D), (LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2019 was $34.71 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 22.3% and 10.7%, respectively.

Metadata

Provider:

GlobeNewswire, Inc.

Retrieved on:

Tuesday, November 5, 2019

Information

Tags:

Economy, Finance, Money, Investment, Stock market, Mathematical finance, Standard & Poor's, Toronto Stock Exchange, Rate of return, CGI Inc., S&P/TSX Composite Index, Total return

Geotags:

Toronto, Ön

Organisation:

CANADIAN GENERAL INVESTMENTS, LIMITED

Summary

Key Points:

TORONTO, CANADA, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI)(TSX:CGI), (TSX:CGI.PR.D), (LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2019 was $34.71 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 22.3% and 10.7%, respectively.
These compare with the 18.1% and 13.2% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.
The closing price for CGIs common shares at October 31, 2019 was $23.78, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 18.9% and 8.3%, respectively.
The sector weightings of CGIs investment portfolio at market as of October 31, 2019 were as follows:

TORONTO, CANADA, Nov. 05, 2019 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI), (TSX:CGI.PR.D), (LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2019 was $34.71 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 22.3% and 10.7%, respectively. These compare with the 18.1% and 13.2% 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 October 31, 2019 was $23.78, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 18.9% and 8.3%, respectively.

The sector weightings of CGI’s investment portfolio at market as of October 31, 2019 were as follows:

Information Technology	24.1	%
Industrials	19.0	%
Materials	14.4	%
Consumer Discretionary	13.3	%
Financials	10.5	%
Energy	7.5	%
Cash & Cash Equivalents	3.3	%
Health Care	3.0	%
Communication Services	2.9	%
Real Estate	1.5	%
Utilities	0.8	%

The top ten investments which comprised 39.2% of the investment portfolio at market as of October 31, 2019 were as follows:

Shopify Inc.	6.7	%
Air Canada	5.5	%
Mastercard Incorporated, class A	4.3	%
Franco-Nevada Corporation	4.1	%
Canadian Pacific Railway Limited	3.8	%
Cash	3.3	%
Amazon.com, Inc.	3.0	%
Bank of Montreal	3.0	%
Royal Bank of Canada	2.9	%
NVIDIA Corporation	2.6	%

FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: [email protected]
website: www.canadiangeneralinvestments.ca