Canadian General Investments: Investment Update – Unaudited

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TORONTO, Canada, May 05, 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 April 30, 2025 was $61.88 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of -10.4% and 3.5%, respectively. These compare with the 1.4% and 17.8% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods.

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The Company employs a leveraging strategy, by way of bank borrowing, with the intent to enhance returns to common shareholders. As at April 30, 2025, the leverage represented 15.5% of CGI’s net assets, up from 13.8% at the end of 2024 and at April 30, 2024.

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The closing price for CGI’s common shares at April 30, 2025 was $35.25, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of -12.3% and -2.4%, respectively.

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The sector weightings of CGI’s investment portfolio at market as of April 30, 2025 were as follows:

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Information Technology21.9%
Industrials21.2%
Financials14.5%
Materials13.6%
Energy11.4%
Consumer Discretionary9.8%
Real Estate4.2%
Cash & Cash Equivalents2.8%
Communication Services0.6%

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The top ten investments which comprised 36.6% of the investment portfolio at market as of April 30, 2025 were as follows:

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Franco-Nevada Corporation4.6%
The Descartes Systems Group Inc.3.9%
Canadian Pacific Kansas City Limited3.9%
WSP Global Inc.3.9%
NVIDIA Corporation3.8%
Mastercard Incorporated3.7%
Dollarama Inc.3.5%
Apple Inc.3.4%
Constellation Software Inc.3.0%
West Fraser Timber Co. Ltd.2.9%

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FOR FURTHER INFORMATION PLEASE CONTACT:
Jonathan A. Morgan
President & CEO
Phone: (416) 366-2931
Fax: (416) 366-2729
e-mail: [email protected]
website: www.canadiangeneralinvestments.ca

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