(MENAFN Editorial) TORONTO, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:) (TSX:CGI.PR.D) (LSE:) 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: website:
MENAFN0401201800703653ID1096311325
