TORONTO, Canada, Jan. 06, 2020 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (CGI.TO) (TSX:CGI.PR.D) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at December 31, 2019 was $36.98, resulting in a one-year NAV return, with dividends reinvested, of 31.0%. This compares with the 22.9% 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, 2019 was $26.21, resulting in an annual share price return, with dividends reinvested, of 32.1%.
The sector weightings of CGI’s investment portfolio at market as of December 31, 2019 were as follows:
|Cash & Cash Equivalents||2.2||%|
The top ten investments which comprised 35.5% of the investment portfolio at market as of December 31, 2019 were as follows:
|Canadian Pacific Railway Limited||4.0||%|
|Mastercard Incorporated, class A||3.9||%|
|Bank of Montreal||2.9||%|
|Royal Bank of Canada||2.7||%|
|First Quantum Minerals Ltd.||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