Portfolio Update

RNS Number : 3928S

Canadian General Investments Ld

05 November 2019

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

November 5, 2019

Canadian General Investments: Investment Update - Unaudited

TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2019 was $34.71 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 22.3% and 10.7%, respectively.  These compare with the 18.1% and 13.2% 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 October 31, 2019 was $23.78, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 18.9% and 8.3%, respectively.

The sector weightings of CGI's investment portfolio at market as of October 31, 2019 were as follows:

Information Technology	24.1%
Industrials	19.0%
Materials	14.4%
Consumer Discretionary	13.3%
Financials	10.5%
Energy	7.5%
Cash & Cash Equivalents	3.3%
Health Care	3.0%
Communication Services	2.9%
Real Estate	1.5%
Utilities	0.8%

The top ten investments which comprised 39.2% of the investment portfolio at market as of October 31, 2019 were as follows:

Shopify Inc.	6.7%
Air Canada	5.5%
Mastercard Incorporated, class A	4.3%
Franco-Nevada Corporation	4.1%
Canadian Pacific Railway Limited	3.8%
Cash	3.3%
Amazon.com, Inc.	3.0%
Bank of Montreal	3.0%
Royal Bank of Canada	2.9%
NVIDIA Corporation	2.6%

FOR FURTHER INFORMATION PLEASE CONTACT:

Canadian General Investments, Limited

Jonathan A. Morgan

President and CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.canadiangeneralinvestments.ca

 

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