TORONTO, Canada, Feb. 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 January 31, 2019 was $32.92, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 14.0% and -0.9%, respectively. These compare with the 8.7% and 0.5% 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 January 31, 2019 was $22.50, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 9.7% and -3.0%, respectively.
The sector weightings of CGI’s investment portfolio at market as of January 31, 2019 were as follows:
| Materials | 17.5 | % | ||
| Information Technology | 16.8 | % | ||
| Consumer Discretionary | 14.0 | % | ||
| Industrials | 13.7 | % | ||
| Financials | 10.8 | % | ||
| Energy | 9.4 | % | ||
| Cash & Cash Equivalents | 7.6 | % | ||
| Health Care | 4.8 | % | ||
| Communication Services | 3.3 | % | ||
| Real Estate | 1.3 | % | ||
| Utilities | 0.8 | % | ||
The top ten investments which comprised 39.4% of the investment portfolio at market as of January 31, 2019 were as follows:
| Cash | 7.6 | % | ||
| Shopify Inc. | 4.6 | % | ||
| Air Canada | 3.7 | % | ||
| Canadian Pacific Railway Limited | 3.7 | % | ||
| Franco-Nevada Corporation | 3.5 | % | ||
| Mastercard Incorporated, class A | 3.5 | % | ||
| First Quantum Minerals Ltd. | 3.3 | % | ||
| Canopy Growth Corporation | 3.2 | % | ||
| Bank of Montreal | 3.2 | % | ||
| Amazon.com, Inc. | 3.1 | % | ||
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