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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 Technology | 21.9% |
Industrials | 21.2% |
Financials | 14.5% |
Materials | 13.6% |
Energy | 11.4% |
Consumer Discretionary | 9.8% |
Real Estate | 4.2% |
Cash & Cash Equivalents | 2.8% |
Communication Services | 0.6% |
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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 Corporation | 4.6% |
The Descartes Systems Group Inc. | 3.9% |
Canadian Pacific Kansas City Limited | 3.9% |
WSP Global Inc. | 3.9% |
NVIDIA Corporation | 3.8% |
Mastercard Incorporated | 3.7% |
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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