TORONTO, CANADA, July 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 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: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com
website: www.canadiangeneralinvestments.ca