TORONTO, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (TSX:CGI.PR.D) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2017 was $31.85, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 16.0% and 23.0%, respectively. These compare with the 7.3% and 11.5% 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 October 31, 2017 was $22.94, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 21.0% and 32.2%, respectively.
The sector weightings of CGI’s investment portfolio at market as of October 31, 2017 were as follows:
| Materials | 20.5 | % | |
| Consumer Discretionary | 16.2 | % | |
| Information Technology | 15.1 | % | |
| Financials | 13.6 | % | |
| Energy | 13.4 | % | |
| Industrials | 13.3 | % | |
| Telecommunication Services | 3.3 | % | |
| Real Estate | 1.1 | % | |
| Cash & Cash Equivalents | 1.0 | % | |
| Utilities | 0.9 | % | |
| Consumer Staples | 0.8 | % | |
| Health Care | 0.8 | % | |
The top ten investments which comprised 37.2% of the investment portfolio at market as of October 31, 2017 were as follows:
| Dollarama Inc. | 5.8 | % | |
| NVIDIA Corporation | 4.9 | % | |
| Franco-Nevada Corporation | 4.0 | % | |
| Air Canada | 3.6 | % | |
| Bank of Montreal | 3.3 | % | |
| First Quantum Minerals Ltd. | 3.2 | % | |
| Canadian Pacific Railway Limited | 3.2 | % | |
| Open Text Corporation | 3.1 | % | |
| Amazon.com, Inc. | 3.1 | % | |
| Royal Bank of Canada | 3.0 | % | |
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