Canadian General Investments: Investment Update – Unaudited

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TORONTO, Canada, Could 03, 2023 (GLOBE NEWSWIRE) — Canadian Normal Investments, Restricted (CGI) (TSX: CGI, CGI.PR.D) (LSE: CGI) (CGI) stories on an unaudited foundation that its internet asset worth per share (NAV) at April 30, 2023 was $53.56, leading to year-to-date and 12-month NAV returns, with dividends reinvested, of 11.5% and 4.0%, respectively. These examine with the 7.6% and a couple of.7% returns of the benchmark S&P/TSX Composite Index on a complete return foundation for a similar intervals.

The Firm employs a leveraging technique, by the use of desire shares and financial institution borrowing, in an effort to boost returns to widespread shareholders. As at April 30, 2023, the mixed leverage afforded by each types of leverage represented 15.7% of CGI’s internet property, up from 14.9% on the finish of 2022 and down from 16.0% at April 30, 2022.

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The closing value for CGI’s widespread shares at April 30, 2023 was $33.50, leading to year-to-date and 12-month share value returns, with dividends reinvested, of three.5% and -11.7%, respectively.

The sector weightings of CGI’s funding portfolio at market as of April 30, 2023 had been as follows:

The highest ten investments which comprised 40.1% of the funding portfolio at market as of April 30, 2023 had been as follows:

FOR FURTHER INFORMATION PLEASE CONTACT:
Canadian Normal Investments, Restricted
Jonathan A. Morgan
President and CEO
Telephone: (416) 366-2931
Fax: (416) 366-2729
e-mail: cgifund@mmainvestments.com

web site: www.canadiangeneralinvestments.ca