TORONTO, Dec. 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 November 30, 2019 was $36.19 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 28.2% and 15.0%, respectively. These compare with the 22.3% and 15.7% 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 November 30, 2019 was $24.30, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 22.5% and 13.6%, respectively.
The sector weightings of CGI’s investment portfolio at market as of November 30, 2019 were as follows:
| Information Technology | 25.3 | % | |
| Industrials | 19.1 | % | |
| Materials | 14.0 | % | |
| Consumer Discretionary | 13.1 | % | |
| Financials | 10.4 | % | |
| Energy | 7.7 | % | |
| Communication Services | 2.9 | % | |
| Cash & Cash Equivalents | 2.6 | % | |
| Health Care | 2.5 | % | |
| Real Estate | 1.6 | % | |
| Utilities | 0.8 | % | |
The top ten investments which comprised 39.1% of the investment portfolio at market as of November 30, 2019 were as follows:
| Shopify Inc. | 6.9 | % | |
| Air Canada | 5.6 | % | |
| Mastercard Incorporated, class A | 4.4 | % | |
| Franco-Nevada Corporation | 4.1 | % | |
| Canadian Pacific Railway Limited | 3.9 | % | |
| Bank of Montreal | 3.0 | % | |
| Amazon.com, Inc. | 2.9 | % | |
| Royal Bank of Canada | 2.9 | % | |
| NVIDIA Corporation | 2.8 | % | |
| Cash | 2.6 | % | |
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