Portfolio Update

Canadian General Investments Ld

04 July 2025

 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX: CGI

LONDON STOCK EXCHANGE: CGI

July 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 June 30, 2025 was $70.37 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of

2.3% and 14.3%, respectively. These compare with the 10.2% and 26.4% 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 June 30, 2025, the leverage represented 13.6% of CGI's net assets, down from 13.8% at the end of 2024 and up from 13.4% at June 30, 2024.

The closing price for CGI's common shares at June 30, 2025 was $39.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.3% and 11.6%, respectively.

The sector weightings of CGI's investment portfolio at market as of June 30, 2025 were as follows:

Information Technology	23.3%
Industrials	21.1%
Financials	14.1%
Materials	13.1%
Energy	12.3%
Consumer Discretionary	9.5%
Real Estate	3.9%
Cash & Cash Equivalents	2.1%
Communication Services	0.6%

The top ten investments which comprised 37.0% of the investment portfolio at market as of June 30, 2025 were as follows:

NVIDIA Corporation	4.9%
Celestica Inc.	4.5%
WSP Global Inc.	3.9%
Franco-Nevada Corporation	3.9%
Canadian Pacific Kansas City Limited	3.7%
Dollarama Inc.	3.6%
The Descartes Systems Group Inc.	3.3%
Mastercard Incorporated	3.3%
Shopify Inc.	3.0%
Apple 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