TORONTO, Nov. 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 October 31, 2018 was $32.10, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -1.6% and 3.1%, respectively. These compare with the -5.0% and -3.4% 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, 2018 was $22.70, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -2.1% and 2.2%, respectively.
The sector weightings of CGI’s investment portfolio at market as of October 31, 2018 were as follows:
| Information Technology | 19.5 | % |
| Consumer Discretionary | 17.5 | % |
| Materials | 17.3 | % |
| Industrials | 14.1 | % |
| Financials | 10.9 | % |
| Energy | 9.9 | % |
| Health Care | 4.3 | % |
| Communication Services | 3.3 | % |
| Real Estate | 1.3 | % |
| Cash & Cash Equivalents | 1.2 | % |
| Utilities | 0.7 | % |
The top ten investments which comprised 37.1% of the investment portfolio at market as of October 31, 2018 were as follows:
| NVIDIA Corporation | 4.6 | % |
| Amazon.com, Inc. | 4.5 | % |
| Shopify Inc. | 4.1 | % |
| Canadian Pacific Railway Limited | 3.8 | % |
| Canada Goose Holdings Inc. | 3.6 | % |
| Air Canada | 3.5 | % |
| MasterCard Incorporated, class A | 3.3 | % |
| Bank of Montreal | 3.3 | % |
| Dollarama Inc. | 3.2 | % |
| Franco-Nevada Corporation | 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