RNS Number : 6267D
Canadian General Investments Ld
03 April 2025
 


FOR: CANADIAN GENERAL INVESTMENTS, LIMITED

TSX: CGI

LONDON STOCK EXCHANGE: CGI

 

April 3, 2025

 

Canadian General Investments: Investment Update - Unaudited

 

TORONTO, CANADA - Canadian General Investments, Limited (CGI) reports on an unaudited basis that its net asset value per share (NAV) at March 31, 2025 was $63.60 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -7.9% and 2.8%, respectively. These compare with the 1.5% and 15.8% 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 March 31, 2025, the leverage represented 15.1% of CGI's net assets, up from 13.8% at the end of 2024 and 13.4% at March 31, 2024.

 

The closing price for CGI's common shares at March 31, 2025 was $36.30, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -9.7% and -1.1%, respectively.

 

The sector weightings of CGI's investment portfolio at market as of March 31, 2025 were as follows:

 

Information Technology

21.9%

Industrials

21.6%

Financials

14.2%

Materials

12.7%

Energy

12.0%

Consumer Discretionary

10.2%

Real Estate

4.2%

Cash & Cash Equivalents

2.6%

Communication Services

0.6%


The top ten investments which comprised 36.1% of the investment portfolio at market as of March 31, 2025 were as follows:

 

Franco-Nevada Corporation

4.3%

NVIDIA Corporation

3.9%

Canadian Pacific Kansas City Limited

3.8%

The Descartes Systems Group Inc.

3.8%

WSP Global Inc.

3.8%

Mastercard Incorporated

3.7%

Apple Inc.

3.6%

Dollarama Inc.

3.1%

Shopify Inc.

3.1%

West Fraser Timber Co. Ltd.

3.0%

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Jonathan A. Morgan

President & CEO

Phone: (416) 366-2931

Fax: (416) 366-2729

e-mail: cgifund@mmainvestments.com

website: www.canadiangeneralinvestments.ca

 

 

 

                                                 

                                                                                                                     

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