REG - Canadian General Inv - Portfolio Update

Canadian General InvestmentsAnnouncement

04/03/2020 07:00

RNS Number : 9174E
  
Canadian General Investments Ld
  
03 March 2020
  
 

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED
TSX SYMBOLS: CGI, CGI.PR.D
LONDON STOCK EXCHANGE: CGI
 
March 3, 2020
 
Canadian General Investments: Investment Update - Unaudited
 
TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at February 29, 2020 was $34.80, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -5.3% and 4.2%, respectively.  These compare with the -4.3% and 4.9% 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 February 29, 2020 was $24.00, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -7.6% and 2.8%, respectively.
 
The sector weightings of CGI's investment portfolio at market as of February 29, 2020 were as follows:
 




Information Technology


25.9%




Industrials


18.7%




Consumer Discretionary


14.6%




Materials


13.1%




Financials


9.8%




Energy


7.5%




Real Estate


3.0%




Communication Services


2.9%




Cash & Cash Equivalents


2.2%




Health Care


1.5%




Utilities


0.8%




 
The top ten investments which comprised 37.4% of the investment portfolio at market as of February 29, 2020 were as follows:
 




Shopify Inc.


6.2%




Franco-Nevada Corporation


4.6%




Canadian Pacific Railway Limited


4.2%




Mastercard Incorporated


4.1%




NVIDIA Corporation


3.6%




Air Canada


3.5%




Amazon.com, Inc.


3.2%




Bank of Montreal


2.8%




Royal Bank of Canada


2.7%




The Descartes Systems Group Inc.


2.5%




 
 
 
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
 
                          


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