TORONTO, Sept. 06, 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 August 31, 2018 was $37.20, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 14.1% and 29.2%, respectively. These compare with the 2.3% and 10.1% 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 August 31, 2018 was $26.06, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 12.4% and 24.6%, respectively.
The sector weightings of CGI’s investment portfolio at market as of August 31, 2018 were as follows:
| Information Technology | 19.8% |
| Consumer Discretionary | 18.6% |
| Materials | 17.9% |
| Industrials | 14.0% |
| Financials | 10.3% |
| Energy | 9.5% |
| Health Care | 4.5% |
| Telecommunication Services | 3.0% |
| Real Estate | 1.1% |
| Cash & Cash Equivalents | 0.7% |
| Utilities | 0.6% |
The top ten investments which comprised 37.7% of the investment portfolio at market as of August 31, 2018 were as follows:
| NVIDIA Corporation | 5.3% |
| Amazon.com, Inc. | 5.0% |
| Dollarama Inc. | 3.8% |
| Shopify Inc. | 3.8% |
| Canada Goose Holdings Inc. | 3.5% |
| Canadian Pacific Railway Limited | 3.4% |
| Air Canada | 3.3% |
| Canopy Growth Corporation | 3.2% |
| MasterCard Incorporated, class A | 3.2% |
| First Quantum Minerals Ltd. | 3.2% |
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