Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA--(Marketwired - Sep 6, 2017) - Canadian General Investments, Limited (CGI) CGICGICGI reports on an unaudited basis that its net asset value per share (NAV) at August 31, 2017 was $29.46, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.3% and 17.3%, respectively. These compare with the 1.3% and 7.2% 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, 2017 was $21.60, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 13.9% and 22.8%, respectively.
The sector weightings of CGI's investment portfolio at market as of August 31, 2017 were as follows:
Materials | 21.5% | ||
Consumer Discretionary | 15.1% | ||
Information Technology | 15.0% | ||
Energy | 14.0% | ||
Financials | 13.1% | ||
Industrials | 12.5% | ||
Telecommunication Services | 3.4% | ||
Consumer Staples | 1.9% | ||
Cash & Cash Equivalents | 1.3% | ||
Real Estate | 1.2% | ||
Utilities | 1.0% |
The top ten investments which comprised 36.0% of the investment portfolio at market as of August 31, 2017 were as follows:
Dollarama Inc. | 5.3% | ||
Franco-Nevada Corporation | 4.2% | ||
NVIDIA Corporation | 4.2% | ||
First Quantum Minerals Ltd. | 3.5% | ||
Air Canada | 3.5% | ||
Shopify Inc. | 3.3% | ||
Bank of Montreal | 3.2% | ||
Royal Bank of Canada | 3.0% | ||
Open Text Corporation | 2.9% | ||
Canadian Pacific Railway Limited | 2.9% |
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.