Portfolio Update

RNS Number : 1585I

Canadian General Investments Ld

06 August 2019

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX SYMBOLS: CGI, CGI.PR.D

LONDON STOCK EXCHANGE: CGI

August 6, 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 July 31, 2019 was $36.55 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 28.1% and 4.7%, respectively.  These compare with the 16.6% and 3.0% 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 July 31, 2019 was $24.87, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 23.3% and 2.8%, respectively.

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

Information Technology	23.5%
Industrials	18.0%
Materials	14.2%
Consumer Discretionary	14.0%
Financials	10.0%
Energy	8.3%
Health Care	4.3%
Communication Services	2.9%
Cash & Cash Equivalents	2.8%
Real Estate	1.3%
Utilities	0.7%

The top ten investments which comprised 37.6% of the investment portfolio at market as of July 31, 2019 were as follows:

Shopify Inc.	7.3%
Air Canada	5.1%
Mastercard Incorporated, class A	4.0%
Canadian Pacific Railway Limited	3.9%
Franco-Nevada Corporation	3.6%
Amazon.com, Inc.	3.0%
Bank of Montreal	2.9%
Cash	2.8%
Royal Bank of Canada	2.7%
First Quantum Minerals Ltd.	2.3%

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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