TORONTO, June 05, 2018 (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 May 31, 2018 was $35.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.4% and 21.8%, respectively. These compare with the 0.2% and 7.7% 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 May 31, 2018 was $24.15, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 3.4% and 11.5%, respectively.
The sector weightings of CGI’s investment portfolio at market as of May 31, 2018 were as follows:
| Materials | 20.7 | % |
| Consumer Discretionary | 17.3 | % |
| Information Technology | 14.6 | % |
| Industrials | 13.3 | % |
| Financials | 13.1 | % |
| Energy | 12.5 | % |
| Telecommunication Services | 2.8 | % |
| Health Care | 2.7 | % |
| Real Estate | 1.0 | % |
| Utilities | 0.7 | % |
| Consumer Staples | 0.7 | % |
| Cash & Cash Equivalents | 0.6 | % |
The top ten investments which comprised 36.7% of the investment portfolio at market as of May 31, 2018 were as follows:
| NVIDIA Corporation | 5.0 | % |
| Amazon.com, Inc. | 4.2 | % |
| First Quantum Minerals Ltd. | 4.1 | % |
| Dollarama Inc. | 4.0 | % |
| Shopify Inc. | 4.0 | % |
| Franco-Nevada Corporation | 3.2 | % |
| Canadian Pacific Railway Limited | 3.2 | % |
| Bank of Montreal | 3.1 | % |
| Air Canada | 3.0 | % |
| MasterCard Incorporated, class A | 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