Canadian General Investments: Investment Update - Unaudited
TORONTO, CANADA--(Marketwired - Jul 6, 2017) - Canadian General Investments, Limited (CGI) CGICGICGI reports on an unaudited basis that its net asset value per share (NAV) at June 30, 2017 was $28.94, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 4.7% and 20.9%, respectively. These compare with the 0.7% and 11.0% 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 June 30, 2017 was $21.10, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 10.4% and 22.0%, respectively.
The sector weightings of CGI's investment portfolio at market as of June 30, 2017 were as follows:
Materials | 18.9% |
Consumer Discretionary | 16.3% |
Energy | 15.5% |
Information Technology | 14.0% |
Industrials | 13.5% |
Financials | 13.4% |
Cash & Cash Equivalents | 3.7% |
Telecommunication Services | 3.3% |
Consumer Staples | 2.0% |
Utilities | 1.1% |
The top ten investments which comprised 35.9% of the investment portfolio at market as of June 30, 2017 were as follows:
Dollarama Inc. | 5.4% |
Franco-Nevada Corporation | 3.9% |
NVIDIA Corporation | 3.8% |
Cash | 3.7% |
Bank of Montreal | 3.5% |
CCL Industries Inc. | 3.3% |
Canadian Pacific Railway Limited | 3.2% |
Royal Bank of Canada | 3.1% |
Open Text Corporation | 3.1% |
Amazon.com, Inc. | 2.9% |
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca
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