TORONTO, CANADA, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited CGI CGI CGI (CGI) reports on an unaudited basis that its net asset value per share (NAV) at September 30, 2017 was $30.55, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 11.2% and 17.6%, respectively. These compare with the 4.4% and 9.2% 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 September 30, 2017 was $21.83, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 15.1% and 24.3%, respectively.
The sector weightings of CGI's investment portfolio at market as of September 30, 2017 were as follows:
| Materials | 20.5% | |
| Consumer Discretionary | 15.8% | |
| Information Technology | 15.0% | |
| Energy | 14.8% | |
| Financials | 13.4% | |
| Industrials | 13.1% | |
| Telecommunication Services | 3.3% | |
| Consumer Staples | 1.7% | |
| Real Estate | 1.1% | |
| Utilities | 0.9% | |
| Cash & Cash Equivalents | 0.4% |
The top ten investments which comprised 36.6% of the investment portfolio at market as of September 30, 2017 were as follows:
| Dollarama Inc. | 5.7% | |
| NVIDIA Corporation | 4.3% | |
| Franco-Nevada Corporation | 3.9% | |
| Air Canada | 3.8% | |
| Shopify Inc. | 3.4% | |
| Bank of Montreal | 3.3% | |
| First Quantum Minerals Ltd. | 3.2% | |
| Canadian Pacific Railway Limited | 3.1% | |
| Royal Bank of Canada | 3.0% | |
| CCL Industries Inc. | 2.9% |
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
© 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.
