TORONTO, CANADA, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (TSX:CGI) (TSX:CGI.PR.D) (LSE:CGI) (CGI) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2017 was $30.55, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.2% and 17.6%, respectively. These compare with the 4.4% and 9.2% 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 September 30, 2017 was $21.83, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 15.1% and 24.3%, respectively.
The sector weightings of CGI’s investment portfolio at market as of September 30, 2017 were as follows:
| Materials | 20.5% | |
| Consumer Discretionary | 15.8% | |
| Information Technology | 15.0% | |
| Energy | 14.8% | |
| Financials | 13.4% | |
| Industrials | 13.1% | |
| Telecommunication Services | 3.3% | |
| Consumer Staples | 1.7% | |
| Real Estate | 1.1% | |
| Utilities | 0.9% | |
| Cash & Cash Equivalents | 0.4% |
The top ten investments which comprised 36.6% of the investment portfolio at market as of September 30, 2017 were as follows:
| Dollarama Inc. | 5.7% | |
| NVIDIA Corporation | 4.3% | |
| Franco-Nevada Corporation | 3.9% | |
| Air Canada | 3.8% | |
| Shopify Inc. | 3.4% | |
| Bank of Montreal | 3.3% | |
| First Quantum Minerals Ltd. | 3.2% | |
| Canadian Pacific Railway Limited | 3.1% | |
| Royal Bank of Canada | 3.0% | |
| CCL Industries Inc. | 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