Canadian General Investments: Investment Update - Unaudited
TORONTO, Canada, June 04, 2025 (GLOBE NEWSWIRE) -- Canadian General Investments, Limited (CGI) (TSX:CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at May 31, 2025 was $66.73 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -3.0% and 9.4%, respectively. These compare with the 7.0% and 21.0% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.
The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at May 31, 2025, the leverage represented 14.4% of CGI’s net assets, up from 13.8% at the end of 2024 and 13.5% at May 31, 2024.
The closing price for CGI’s common shares at May 31, 2025 was $37.71, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -5.5% and 4.0%, respectively.
The sector weightings of CGI’s investment portfolio at market as of May 31, 2025 were as follows:
| Information Technology | 22.6 | % | |
| Industrials | 21.4 | % | |
| Financials | 14.4 | % | |
| Materials | 13.1 | % | |
| Energy | 11.8 | % | |
| Consumer Discretionary | 9.5 | % | |
| Real Estate | 4.0 | % | |
| Cash & Cash Equivalents | 2.6 | % | |
| Communication Services | 0.6 | % | |
The top ten investments which comprised 37.1% of the investment portfolio at market as of May 31, 2025 were as follows:
| NVIDIA Corporation | 4.4 | % | |
| Franco-Nevada Corporation | 4.2 | % | |
| WSP Global Inc. | 4.1 | % | |
| Canadian Pacific Kansas City Limited | 4.0 | % | |
| The Descartes Systems Group Inc. | 4.0 | % | |
| Mastercard Incorporated | 3.6 | % | |
| Celestica Inc. | 3.5 | % | |
| Dollarama Inc. | 3.4 | % | |
| Apple Inc. | 3.0 | % | |
| Shopify Inc. | 2.9 | % | |
FOR FURTHER INFORMATION PLEASE CONTACT:
Jonathan A. Morgan
President & CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail:
website:
