Canadian General Investments: Investment Update - Unaudited

Loading...
Loading...
Canadian General Investments: Investment Update - Unaudited

Canadian General Investments: Investment Update - Unaudited

TORONTO, CANADA--(Marketwired - May 3, 2017) - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at April 30, 2017 was $29.28, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 5.3% and 21.8%, respectively. These compare with the 2.9% and 14.9% 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 April 30, 2017 was $20.65, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 7.1% and 21.6%, respectively.

The sector weightings of CGI's investment portfolio at market as of April 30, 2017 were as follows:

Materials 19.7%
Consumer Discretionary 16.6%
Energy 16.2%
Financials 13.2%
Information Technology 13.1%
Industrials 11.3%
Telecommunication Services 3.4%
Real Estate 2.6%
Consumer Staples 2.0%
Cash & Cash Equivalents 1.3%
Utilities 1.0%

The top ten investments which comprised 34.2% of the investment portfolio at market as of April 30, 2017 were as follows:

Dollarama Inc. 5.2%
Franco-Nevada Corporation 3.9%
Bank of Montreal 3.5%
Open Text Corporation 3.5%
Canadian Pacific Railway Limited 3.2%
CCL Industries Inc. 3.1%
First Quantum Minerals Ltd. 3.1%
Royal Bank of Canada 3.0%
Amazon.com, Inc. 2.9%
NVIDIA Corporation 2.8%

Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...