Canadian General Inv (TSE:CGI) has released an update.
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Canadian General Investments, Limited (CGI) has reported a strong performance with a net asset value per share of $62.50 and impressive NAV returns of 13.3% year-to-date and 14.2% over the past 12 months, outpacing the benchmark S&P/TSX Composite Index. CGI’s leveraging strategy has been slightly reduced to 13.4% of net assets, and the company’s top ten investments now constitute 39.5% of their investment portfolio. Common share prices also saw a boost with returns of 4.8% year-to-date and 6.1% over 12 months.
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