TORONTO, Canada, Aug. 03, 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 July 31, 2018 was $35.72, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 9.0% and 24.7%, respectively. These compare with the 3.1% and 11.7% 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 July 31, 2018 was $25.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 7.0% and 22.0%, respectively.
The sector weightings of CGI’s investment portfolio at market as of July 31, 2018 were as follows:
| Materials | 20.2% |
| Information Technology | 18.3% |
| Consumer Discretionary | 18.1% |
| Industrials | 13.9% |
| Energy | 10.7% |
| Financials | 10.5% |
| Telecommunication Services | 3.0% |
| Health Care | 2.8% |
| Real Estate | 1.1% |
| Utilities | 0.7% |
| Cash & Cash Equivalents | 0.5% |
| Consumer Staples | 0.2% |
The top ten investments which comprised 37.3% of the investment portfolio at market as of July 31, 2018 were as follows:
| NVIDIA Corporation | 4.8% |
| Amazon.com, Inc. | 4.5% |
| First Quantum Minerals Ltd. | 4.1% |
| Dollarama Inc. | 3.8% |
| Shopify Inc. | 3.8% |
| Canada Goose Holdings Inc. | 3.4% |
| Franco-Nevada Corporation | 3.4% |
| Canadian Pacific Railway Limited | 3.3% |
| Bank of Montreal | 3.2% |
| Air 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