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Canadian General Inv Reports Strong NAV Growth
Company Announcements

Canadian General Inv Reports Strong NAV Growth

Canadian General Inv (TSE:CGI) has released an update.

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Canadian General Investments, Limited reported a solid net asset value per share of $60.73 as of April 30, 2024, boasting year-to-date and 12-month NAV returns of 9.6% and 15.4%, outperforming the benchmark S&P/TSX Composite Index. The firm’s strategic leveraging has decreased to 13.8% of net assets, and its top ten investments, including names such as NVIDIA and Apple, constitute 37.8% of the diversified portfolio. CGI’s share price also saw robust growth, with year-to-date and 12-month returns of 7.6% and 13.8%, respectively.

For further insights into TSE:CGI stock, check out TipRanks’ Stock Analysis page.

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