Canadian General Investments: Investment Update - Unaudited

TORONTO, Canada, Jan. 06, 2020 (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 December 31, 2019 was $36.98, resulting in a one-year NAV return, with dividends reinvested, of 31.0%.

Metadata

Provider:

GlobeNewswire, Inc.

Retrieved on:

Monday, January 6, 2020

Information

Tags:

Economy, Finance, Money, Investment, Mathematical finance, Toronto Stock Exchange, Shareholders, Rate of return, S&P/TSX Composite Index, Total return, Dividend, Net asset value

Geotags:

Toronto, Ön

Organisation:

CANADIAN GENERAL INVESTMENTS, LIMITED

Summary

Key Points:

TORONTO, Canada, Jan. 06, 2020 (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 December 31, 2019 was $36.98, resulting in a one-year NAV return, with dividends reinvested, of 31.0%.
This compares with the 22.9% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.
The closing price for CGIs common shares at December 31, 2019 was $26.21, resulting in an annual share price return, with dividends reinvested, of 32.1%.
The sector weightings of CGIs investment portfolio at market as of December 31, 2019 were as follows:

TORONTO, Canada, Jan. 06, 2020 (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 December 31, 2019 was $36.98, resulting in a one-year NAV return, with dividends reinvested, of 31.0%. This compares with the 22.9% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.

The closing price for CGI’s common shares at December 31, 2019 was $26.21, resulting in an annual share price return, with dividends reinvested, of 32.1%.

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

Information Technology	22.9	%
Industrials	19.0	%
Consumer Discretionary	14.8	%
Materials	14.4	%
Financials	10.0	%
Energy	8.5	%
Communication Services	2.9	%
Real Estate	2.8	%
Cash & Cash Equivalents	2.2	%
Health Care	1.7	%
Utilities	0.8	%

The top ten investments which comprised 35.5% of the investment portfolio at market as of December 31, 2019 were as follows:

Shopify Inc.	4.9	%
Air Canada	4.7	%
Franco-Nevada Corporation	4.1	%
Canadian Pacific Railway Limited	4.0	%
Mastercard Incorporated, class A	3.9	%
Bank of Montreal	2.9	%
Amazon.com, Inc.	2.9	%
NVIDIA Corporation	2.9	%
Royal Bank of Canada	2.7	%
First Quantum Minerals Ltd.	2.5	%

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