Portfolio Update

Canadian General Investments Ld

04 June 2025

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX: CGI

LONDON STOCK EXCHANGE: CGI

June 4, 2025

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 May 31, 2025 was $66.73 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of

-3.0% and 9.4%, respectively. These compare with the 7.0% and 21.0% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at May 31, 2025, the leverage represented 14.4% of CGI's net assets, up from 13.8% at the end of 2024 and 13.5% at May 31, 2024.

The closing price for CGI's common shares at May 31, 2025 was $37.71, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -5.5% and 4.0%, respectively.

The sector weightings of CGI's investment portfolio at market as of May 31, 2025 were as follows:

Information Technology	22.6%
Industrials	21.4%
Financials	14.4%
Materials	13.1%
Energy	11.8%
Consumer Discretionary	9.5%
Real Estate	4.0%
Cash & Cash Equivalents	2.6%
Communication Services	0.6%

The top ten investments which comprised 37.1% of the investment portfolio at market as of May 31, 2025 were as follows:

NVIDIA Corporation	4.4%
Franco-Nevada Corporation	4.2%
WSP Global Inc.	4.1%
Canadian Pacific Kansas City Limited	4.0%
The Descartes Systems Group Inc.	4.0%
Mastercard Incorporated	3.6%
Celestica Inc.	3.5%
Dollarama Inc.	3.4%
Apple Inc.	3.0%
Shopify Inc.	2.9%

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: [phone]

Fax: [phone]

e-mail: [e-mail]

website: www.canadiangeneralinvestments.ca

 

END