TORONTO, CANADA, Oct. 03, 2019 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (TSX:CGI), (TSX:CGI.PR.D), (LSE:CGI) (CGI) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2019 was $34.58 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 21.9% and -4.1%, respectively. These compare with the 19.1% and 7.1% 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 September 30, 2019 was $24.33, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 21.6% and -1.7%, respectively.
The sector weightings of CGI’s investment portfolio at market as of September 30, 2019 were as follows:
| Information Technology | 23.2 | % | |
| Industrials | 18.3 | % | |
| Consumer Discretionary | 14.0 | % | |
| Materials | 13.7 | % | |
| Financials | 10.6 | % | |
| Energy | 8.3 | % | |
| Health Care | 3.3 | % | |
| Cash & Cash Equivalents | 3.3 | % | |
| Communication Services | 3.0 | % | |
| Real Estate | 1.5 | % | |
| Utilities | 0.8 | % | |
The top ten investments which comprised 38.3% of the investment portfolio at market as of September 30, 2019 were as follows:
| Shopify Inc. | 6.7 | % | |
| Air Canada | 5.1 | % | |
| Mastercard Incorporated, class A | 4.2 | % | |
| Franco-Nevada Corporation | 3.9 | % | |
| Canadian Pacific Railway Limited | 3.8 | % | |
| Cash | 3.3 | % | |
| Bank of Montreal | 3.0 | % | |
| Amazon.com, Inc. | 3.0 | % | |
| Royal Bank of Canada | 2.9 | % | |
| The Descartes Systems Group Inc. | 2.4 | % | |
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