TORONTO, Nov. 03, 2017 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) CGI CGI reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2017 was $31.85, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 16.0% and 23.0%, respectively. These compare with the 7.3% and 11.5% 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, 2017 was $22.94, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 21.0% and 32.2%, respectively.
The sector weightings of CGI's investment portfolio at market as of October 31, 2017 were as follows:
| Materials | 20.5 | % | |
| Consumer Discretionary | 16.2 | % | |
| Information Technology | 15.1 | % | |
| Financials | 13.6 | % | |
| Energy | 13.4 | % | |
| Industrials | 13.3 | % | |
| Telecommunication Services | 3.3 | % | |
| Real Estate | 1.1 | % | |
| Cash & Cash Equivalents | 1.0 | % | |
| Utilities | 0.9 | % | |
| Consumer Staples | 0.8 | % | |
| Health Care | 0.8 | % | |
The top ten investments which comprised 37.2% of the investment portfolio at market as of October 31, 2017 were as follows:
| Dollarama Inc. | 5.8 | % | |
| NVIDIA Corporation | 4.9 | % | |
| Franco-Nevada Corporation | 4.0 | % | |
| Air Canada | 3.6 | % | |
| Bank of Montreal | 3.3 | % | |
| First Quantum Minerals Ltd. | 3.2 | % | |
| Canadian Pacific Railway Limited | 3.2 | % | |
| Open Text Corporation | 3.1 | % | |
| Amazon.com, Inc. | 3.1 | % | |
| Royal Bank of Canada | 3.0 | % | |
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
