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Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA--(Marketwired - Jun 5, 2017) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI)(LSE:CGI) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2017 was $29.61, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.1% and 21.9%, respectively. These compare with the 1.5% and 12.3% 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, 2017 was $22.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 17.2% and 32.1%, respectively.
The sector weightings of CGI's investment portfolio at market as of May 31, 2017 were as follows:
| Materials | 18.6% |
| Consumer Discretionary | 16.7% |
| Energy | 15.5% |
| Information Technology | 14.8% |
| Financials | 12.8% |
| Industrials | 11.8% |
| Telecommunication Services | 3.4% |
| Real Estate | 2.6% |
| Consumer Staples | 1.9% |
| Utilities | 1.0% |
| Cash & Cash Equivalents | 0.9% |
The top ten investments which comprised 35.1% of the investment portfolio at market as of May 31, 2017 were as follows:
| Dollarama Inc. | 5.4% |
| Franco-Nevada Corporation | 4.1% |
| NVIDIA Corporation | 3.8% |
| Bank of Montreal | 3.2% |
| Open Text Corporation | 3.2% |
| Canadian Pacific Railway Limited | 3.2% |
| CCL Industries Inc. | 3.1% |
| Amazon.com, Inc. | 3.1% |
| Shopify Inc. | 3.0% |
| Royal Bank of Canada | 3.0% |
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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