TORONTO, CANADA, Oct. 03, 2018 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2018 was $36.89, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 13.1% and 23.6%, respectively. These compare with the 1.4% and 5.9% 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, 2018 was $25.60, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 10.4% and 21.1%, respectively.
The sector weightings of CGI’s investment portfolio at market as of September 30, 2018 were as follows:
| Information Technology | 20.4 | % | ||
| Consumer Discretionary | 18.1 | % | ||
| Materials | 17.6 | % | ||
| Industrials | 13.9 | % | ||
| Financials | 10.3 | % | ||
| Energy | 9.8 | % | ||
| Health Care | 4.7 | % | ||
| Communication Services | 2.9 | % | ||
| Real Estate | 1.2 | % | ||
| Utilities | 0.7 | % | ||
| Cash & Cash Equivalents | 0.4 | % |
The top ten investments which comprised 38.2% of the investment portfolio at market as of September 30, 2018 were as follows:
| NVIDIA Corporation | 5.3 | % | ||
| Amazon.com, Inc. | 4.9 | % | ||
| Shopify Inc. | 4.3 | % | ||
| Canada Goose Holdings Inc. | 3.7 | % | ||
| Air Canada | 3.5 | % | ||
| Canadian Pacific Railway Limited | 3.4 | % | ||
| Canopy Growth Corporation | 3.4 | % | ||
| MasterCard Incorporated, class A | 3.3 | % | ||
| Bank of Montreal | 3.2 | % | ||
| Dollarama Inc. | 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