TORONTO, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) CGI CGI CGI reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2017 was $33.14, resulting in a one-year NAV return, with dividends reinvested, of 21.5%. This compares with the 9.1% return of the benchmark S&P/TSX Composite Index on a total return basis for the same period.
The closing price for CGI's common shares at December 31, 2017 was $23.73, resulting in an annual share price return, with dividends reinvested, of 26.3%.
The sector weightings of CGI's investment portfolio at market as of December 31, 2017 were as follows:
| Materials | 21.1 | % | |
| Consumer Discretionary | 16.3 | % | |
| Industrials | 13.7 | % | |
| Financials | 13.3 | % | |
| Energy | 13.1 | % | |
| Information Technology | 12.9 | % | |
| Telecommunication Services | 3.2 | % | |
| Health Care | 2.8 | % | |
| Real Estate | 1.2 | % | |
| Consumer Staples | 0.9 | % | |
| Utilities | 0.8 | % | |
| Cash & Cash Equivalents | 0.7 | % | |
The top ten investments which comprised 34.7% of the investment portfolio at market as of December 31, 2017 were as follows:
| Dollarama Inc. | 4.5 | % | |
| NVIDIA Corporation | 3.9 | % | |
| First Quantum Minerals Ltd. | 3.8 | % | |
| Franco-Nevada Corporation | 3.8 | % | |
| Air Canada | 3.5 | % | |
| Bank of Montreal | 3.3 | % | |
| Canadian Pacific Railway Limited | 3.1 | % | |
| Amazon.com, Inc. | 3.0 | % | |
| Royal Bank of Canada | 3.0 | % | |
| Shopify Inc. | 2.8 | % | |
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.
