TORONTO, CANADA, Jan. 04, 2019 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (TSX:CGI.PR.D) (LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2018 was $28.87, resulting in a one-year NAV return, with dividends reinvested, of -10.9%. This compares with the -8.9% 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, 2018 was $20.51, resulting in an annual share price return, with dividends reinvested, of -10.8%.
The sector weightings of CGI’s investment portfolio at market as of December 31, 2018 were as follows:
| Materials | 17.4% |
| Information Technology | 16.9% |
| Consumer Discretionary | 14.3% |
| Industrials | 13.4% |
| Financials | 11.0% |
| Cash & Cash Equivalents | 9.2% |
| Energy | 9.2% |
| Communication Services | 3.7% |
| Health Care | 2.8% |
| Real Estate | 1.3% |
| Utilities | 0.8% |
The top ten investments which comprised 40.3% of the investment portfolio at market as of December 31, 2018 were as follows:
| Cash | 9.2% |
| Shopify Inc. | 4.4% |
| Canadian Pacific Railway Limited | 3.7% |
| Franco-Nevada Corporation | 3.7% |
| Air Canada | 3.6% |
| MasterCard Incorporated, class A | 3.6% |
| Bank of Montreal | 3.3% |
| Amazon.com, Inc. | 3.1% |
| Royal Bank of Canada | 3.0% |
| Canada Goose Holdings Inc. | 2.7% |
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: cgifund@mmainvestments.com
website: www.canadiangeneralinvestments.ca