REG - Canadian General Inv - Portfolio Update

Canadian General InvestmentsAnnouncement

05/02/2025 17:00

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RNS Number : 0740W  Canadian General Investments Ld  05 February 2025

FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX: CGI

LONDON STOCK EXCHANGE: CGI

 

February 5, 2025

 

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 January 31, 2025
was $70.79 resulting in year-to-date and 12-month NAV returns, with dividends
reinvested, of 2.1% and 26.3%, respectively. These compare with the 3.5% and
25.2% returns of the benchmark S&P/TSX Composite Index on a total return
basis for the same periods.

 

The Company employs a leveraging strategy, by way of bank borrowing, with the
intent to enhance returns to common shareholders. As at January 31, 2025, the
leverage represented 13.5% of CGI's net assets, down from 13.8% at the end of
2024 and 14.7% at January 31, 2024.

 

The closing price for CGI's common shares at January 31, 2025 was $39.75,
resulting in year-to-date and 12-month share price returns, with dividends
reinvested, of -1.8% and 14.0%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of January
31, 2025 were as follows:

 

 Information Technology       23.7%
 Industrials                  22.7%
 Financials                   13.9%
 Energy                       11.7%
 Materials                    11.4%
 Consumer Discretionary       9.9%
 Real Estate                  4.2%
 Cash & Cash Equivalents      1.9%
 Communication Services       0.6%

The top ten investments which comprised 37.0% of the investment portfolio at
market as of January 31, 2025 were as follows:

 

 The Descartes Systems Group Inc.      4.0%
 TFI International Inc.                4.0%
 Canadian Pacific Kansas City Limited  4.0%
 NVIDIA Corporation                    3.9%
 Celestica Inc.                        3.7%
 Apple Inc.                            3.5%
 Shopify Inc.                          3.5%
 WSP Global Inc.                       3.5%
 Mastercard Incorporated               3.5%
 Franco-Nevada Corporation             3.4%

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: cgifund@mmainvestments.com

website: www.canadiangeneralinvestments.ca
(http://www.canadiangeneralinvestments.ca)

 

 

 
 
 

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