Canadian General Investments: Investment Update - Unaudited

TORONTO, Canada, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2020 was $38.04, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.9% and 18.2%, respectively.

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GlobeNewswire, Inc.

Retrieved on:

Wednesday, February 5, 2020

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Tags:

Economy, Finance, Money, Investment, Stock market, Mathematical finance, Rate of return, Total return, Share price, Dividend, Net asset value, NAV

Geotags:

Toronto, Ön

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CANADIAN GENERAL INVESTMENTS, LIMITED

Summary

Key Points:

TORONTO, Canada, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2020 was $38.04, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.9% and 18.2%, respectively.
These compare with the 1.7% and 15.0% 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 January 31, 2020 was $26.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.7% and 21.3%, respectively.
The sector weightings of CGIs investment portfolio at market as of January 31, 2020 were as follows:

TORONTO, Canada, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2020 was $38.04, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.9% and 18.2%, respectively. These compare with the 1.7% and 15.0% 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, 2020 was $26.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.7% and 21.3%, respectively.

The sector weightings of CGI’s investment portfolio at market as of January 31, 2020 were as follows:

	Information Technology	24.9%
	Industrials	18.9%
	Consumer Discretionary	14.7%
	Materials	13.5%
	Financials	9.9%
	Energy	7.9%
	Communication Services	2.9%
	Real Estate	2.9%
	Cash & Cash Equivalents	1.9%
	Health Care	1.7%
	Utilities	0.8%

The top ten investments which comprised 36.8% of the investment portfolio at market as of January 31, 2020 were as follows:

	Shopify Inc.	5.7%
	Franco-Nevada Corporation	4.5%
	Air Canada	4.2%
	Canadian Pacific Railway Limited	4.2%
	Mastercard Incorporated, class A	4.1%
	Amazon.com, Inc.	3.2%
	NVIDIA Corporation	2.9%
	Bank of Montreal	2.9%
	Royal Bank of Canada	2.6%
	Apple Inc.	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