TORONTO, Canada, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at January 31, 2020 was $38.04, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 2.9% and 18.2%, respectively. These compare with the 1.7% and 15.0% 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 January 31, 2020 was $26.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 0.7% and 21.3%, respectively.
The sector weightings of CGI’s investment portfolio at market as of January 31, 2020 were as follows:
|Cash & Cash Equivalents||1.9%|
The top ten investments which comprised 36.8% of the investment portfolio at market as of January 31, 2020 were as follows:
|Canadian Pacific Railway Limited||4.2%|
|Mastercard Incorporated, class A||4.1%|
|Bank of Montreal||2.9%|
|Royal Bank of Canada||2.6%|
FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian General Investments, Limited
Jonathan A. Morgan
President and CEO
Phone: (416) 366-2931
Fax: (416) 366-2729