Portfolio Update

RNS Number : 7481G
Canadian General Investments Ld
05 March 2018
 

NEWS RELEASE TRANSMITTED BY GLOBENEWSWIRE

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

 

March 5, 2018

 

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 February 28, 2018 was $33.04, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 0.3% and 19.1%, respectively.  These compare with the -4.4% and 3.2% 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 February 28, 2018 was $23.80, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 1.1% and 23.7%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of February 28, 2018 were as follows:

 

Materials

21.2%

Consumer Discretionary

16.6%

Information Technology

14.9%

Industrials

13.7%

Financials

13.4%

Energy

11.5%

Telecommunication Services

2.9%

Health Care

2.4%

Real Estate

1.2%

Consumer Staples

0.8%

Utilities

0.8%

Cash & Cash Equivalents

0.6%

 

The top ten investments which comprised 38.0% of the investment portfolio at market as of February 28, 2018 were as follows:

 

NVIDIA Corporation

5.0%

First Quantum Minerals Ltd.

4.5%

Dollarama Inc.

4.3%

Amazon.com, Inc.

4.0%

Shopify Inc.

3.9%

Air Canada

3.7%

Franco-Nevada Corporation

3.4%

Bank of Montreal

3.2%

Canadian Pacific Railway Limited

3.1%

Royal Bank of Canada

2.9%

 

  

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

                                                           


This information is provided by RNS
The company news service from the London Stock Exchange
 
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