Portfolio Update

RNS Number : 9174E

Canadian General Investments Ld

03 March 2020

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

March 3, 2020

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 February 29, 2020 was $34.80, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -5.3% and 4.2%, respectively.  These compare with the -4.3% and 4.9% 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 February 29, 2020 was $24.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -7.6% and 2.8%, respectively.

The sector weightings of CGI's investment portfolio at market as of February 29, 2020 were as follows:

Information Technology	25.9%
Industrials	18.7%
Consumer Discretionary	14.6%
Materials	13.1%
Financials	9.8%
Energy	7.5%
Real Estate	3.0%
Communication Services	2.9%
Cash & Cash Equivalents	2.2%
Health Care	1.5%
Utilities	0.8%

The top ten investments which comprised 37.4% of the investment portfolio at market as of February 29, 2020 were as follows:

Shopify Inc.	6.2%
Franco-Nevada Corporation	4.6%
Canadian Pacific Railway Limited	4.2%
Mastercard Incorporated	4.1%
NVIDIA Corporation	3.6%
Air Canada	3.5%
Amazon.com, Inc.	3.2%
Bank of Montreal	2.8%
Royal Bank of Canada	2.7%
The Descartes Systems Group Inc.	2.5%

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Canadian General Investments, Limited

Jonathan A. Morgan

President and CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.canadiangeneralinvestments.ca

 

END

 

 

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