Portfolio Update

RNS Number : 5779E

Canadian General Investments Ld

04 July 2019

 

NEWS RELEASE TRANSMITTED BY GLOBENEWSWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

July 4, 2019

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 June 30, 2019 was $36.09 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 26.5% and 3.3%, respectively.  These compare with the 16.2% and 3.9% 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 June 30, 2019 was $25.30, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 25.4% and 4.7%, respectively.

The sector weightings of CGI's investment portfolio at market as of June 30, 2019 were as follows:

Information Technology	23.2%
Industrials	17.0%
Materials	15.1%
Consumer Discretionary	13.5%
Financials	9.9%
Energy	8.5%
Health Care	5.1%
Communication Services	3.1%
Cash & Cash Equivalents	2.6%
Real Estate	1.2%
Utilities	0.8%

The top ten investments which comprised 37.0% of the investment portfolio at market as of June 30, 2019 were as follows:

Shopify Inc.	7.5%
Air Canada	4.5%
Mastercard Incorporated, class A	3.9%
Canadian Pacific Railway Limited	3.8%
Franco-Nevada Corporation	3.5%
Amazon.com, Inc.	3.1%
Bank of Montreal	2.9%
Royal Bank of Canada	2.8%
Cash	2.6%
First Quantum Minerals Ltd.	2.4%

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

 

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