TORONTO, CANADA–(Marketwired – June 5, 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 May 31, 2017 was $29.61, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 7.1% and 21.9%, respectively. These compare with the 1.5% and 12.3% 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 May 31, 2017 was $22.40, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 17.2% and 32.1%, respectively.
The sector weightings of CGI’s investment portfolio at market as of May 31, 2017 were as follows:
| Materials | 18.6% |
| Consumer Discretionary | 16.7% |
| Energy | 15.5% |
| Information Technology | 14.8% |
| Financials | 12.8% |
| Industrials | 11.8% |
| Telecommunication Services | 3.4% |
| Real Estate | 2.6% |
| Consumer Staples | 1.9% |
| Utilities | 1.0% |
| Cash & Cash Equivalents | 0.9% |
The top ten investments which comprised 35.1% of the investment portfolio at market as of May 31, 2017 were as follows:
| Dollarama Inc. | 5.4% |
| Franco-Nevada Corporation | 4.1% |
| NVIDIA Corporation | 3.8% |
| Bank of Montreal | 3.2% |
| Open Text Corporation | 3.2% |
| Canadian Pacific Railway Limited | 3.2% |
| CCL Industries Inc. | 3.1% |
| Amazon.com, Inc. | 3.1% |
| Shopify Inc. | 3.0% |
| Royal Bank of Canada | 3.0% |
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca