TORONTO, CANADA--(Marketwired - Sept. 6, 2017) - 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 August 31, 2017 was $29.46, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.3% and 17.3%, respectively. These compare with the 1.3% and 7.2% 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 August 31, 2017 was $21.60, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 13.9% and 22.8%, respectively.
The sector weightings of CGI's investment portfolio at market as of August 31, 2017 were as follows:
| Materials | 21.5% | ||
| Consumer Discretionary | 15.1% | ||
| Information Technology | 15.0% | ||
| Energy | 14.0% | ||
| Financials | 13.1% | ||
| Industrials | 12.5% | ||
| Telecommunication Services | 3.4% | ||
| Consumer Staples | 1.9% | ||
| Cash & Cash Equivalents | 1.3% | ||
| Real Estate | 1.2% | ||
| Utilities | 1.0% |
The top ten investments which comprised 36.0% of the investment portfolio at market as of August 31, 2017 were as follows:
| Dollarama Inc. | 5.3% | ||
| Franco-Nevada Corporation | 4.2% | ||
| NVIDIA Corporation | 4.2% | ||
| First Quantum Minerals Ltd. | 3.5% | ||
| Air Canada | 3.5% | ||
| Shopify Inc. | 3.3% | ||
| Bank of Montreal | 3.2% | ||
| Royal Bank of Canada | 3.0% | ||
| Open Text Corporation | 2.9% | ||
| Canadian Pacific Railway Limited | 2.9% |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca