TORONTO, CANADA–(Marketwired – April 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 March 31, 2017 was $28.87, resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 3.8% and 24.1%, respectively. These compare with the 2.4% and 18.6% 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 March 31, 2017 was $20.77, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 7.8% and 20.6%, respectively.
The sector weightings of CGI’s investment portfolio at market as of March 31, 2017 were as follows:
| Materials | 19.2% |
| Energy | 17.5% |
| Consumer Discretionary | 16.3% |
| Financials | 13.6% |
| Information Technology | 12.4% |
| Industrials | 11.3% |
| Telecommunication Services | 3.2% |
| Real Estate | 2.6% |
| Consumer Staples | 1.9% |
| Cash & Cash Equivalents | 1.0% |
| Utilities | 1.0% |
The top ten investments which comprised 33.9% of the investment portfolio at market as of March 31, 2017 were as follows:
| Dollarama Inc. | 4.9% |
| Franco-Nevada Corporation | 3.7% |
| Bank of Montreal | 3.7% |
| First Quantum Minerals Ltd. | 3.4% |
| Open Text Corporation | 3.4% |
| Royal Bank of Canada | 3.2% |
| Canadian Pacific Railway Limited | 3.0% |
| NVIDIA Corporation | 2.9% |
| CCL Industries Inc. | 2.9% |
| Amazon.com, Inc. | 2.8% |
Jonathan A. Morgan
President and CEO
(416) 366-2931
(416) 366-2729 (FAX)
cgifund@mmainvestments.com
www.canadiangeneralinvestments.ca