TORONTO, CANADA--(Marketwired - July 6, 2017) - Canadian General Investments, Limited (CGI) (TSX:CGI)(TSX:CGI.PR.D)(LSE:CGI) 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% |
Contact Information:
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca