TORONTO, Canada, May 03, 2019 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (CGI) (TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at April 30, 2019 was $36.81 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 28.2% and 12.1%, respectively. These compare with the 16.9% and 9.6% 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 April 30, 2019 was $25.53, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 25.5% and 13.1%, respectively.
The sector weightings of CGI’s investment portfolio at market as of April 30, 2019 were as follows:
| Information Technology | 21.8 | % | |
| Industrials | 15.9 | % | |
| Materials | 15.8 | % | |
| Consumer Discretionary | 14.4 | % | |
| Financials | 10.3 | % | |
| Energy | 9.3 | % | |
| Health Care | 5.4 | % | |
| Communication Services | 3.0 | % | |
| Cash & Cash Equivalents | 2.1 | % | |
| Real Estate | 1.2 | % | |
| Utilities | 0.8 | % |
The top ten investments which comprised 35.8% of the investment portfolio at market as of April 30, 2019 were as follows:
| Shopify Inc. | 6.2 | % | |
| Mastercard Incorporated, class A | 3.9 | % | |
| Canadian Pacific Railway Limited | 3.8 | % | |
| Air Canada | 3.7 | % | |
| Amazon.com, Inc. | 3.2 | % | |
| Bank of Montreal | 3.2 | % | |
| Canopy Growth Corporation | 3.1 | % | |
| Franco-Nevada Corporation | 3.0 | % | |
| Royal Bank of Canada | 2.9 | % | |
| First Quantum Minerals Ltd. | 2.8 | % |
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.comwebsite: www.canadiangeneralinvestments.ca