Portfolio Update

RNS Number : 9146Y

Canadian General Investments Ld

06 January 2020

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

January 6, 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 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: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.canadiangeneralinvestments.ca

 

END

 

 

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