TORONTO, Canada, July 06, 2026 (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 June 30, 2026 was $86.97 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 8.6% and 25.3%, respectively. These compare with the 11.2% and 32.9% returns of the benchmark S&P/TSX Composite Index on a total return basis for the same periods. The Company employs a leveraging strategy, by way of bank borrowing,
with the intent to enhance returns to common shareholders. As at June 30, 2026, the leverage represented 12.4% of CGI’s net assets, up from 11.9% at the end of 2025 and down from 13.6% at June 30, 2025. The closing price for CGI’s common shares at June 30, 2026 was $52.59, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 12.6% and 38.2%, respectively. The sector weightings of CGI’s investment portfolio at market as of June 30, 2026 were as follows: The
top ten investments which comprised 38.6% of the investment portfolio at market as of June 30, 2026 were as follows: FOR FURTHER INFORMATION PLEASE CONTACT: Jonathan A. Morgan President & CEO Phone: (416) 366-2931 Fax: (416) 366-2729 e-mail: info@canadiangeneralinvestments.ca website: www.canadiangeneralinvestments.ca
Canadian General Investments, CGI, net asset value per share, leverage, bank borrowing, NAV returns, S&P/TSX Composite Index, TSX CGI, LSE CGI
So the NAV is $86.97 but the stock is $52.59… are they basically inflating the number or what?
I don’t get the “leverage rises into July” part. Like they borrowed money and that magically makes it better? Seems risky.
Wait you’re saying year-to-date NAV return is 8.6% but share price return is 12.6%… that means the market is lying right? Unless dividends are like free money or something.
Bank borrowing 12.4% of net assets… ok so this is basically the company getting a loan and hoping the S&P/TSX goes up. Also what are the “top ten investments” like did they name them or is that missing? I hate when news articles do that.