CGI Canadian General Investments Ld

Canadian General Investments, Limited (CGI) (TSX: CGI) (LSE: CGI) reports on an unaudited basis that its net asset value per share (NAV) at October 31, 2024 was $66.42 resulting in year-to-date and 12-month NAV returns, with dividends reinvested, of 20.9% and 33.5%, respectively. These compare with the 18.2% and 32.1% 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 October 31, 2024, the leverage represented 14.4% of CGI’s net assets, down from 15.1% at the end of 2023 and 16.6% at October 31, 2023.

The closing price for CGI’s common shares at October 31, 2024 was $39.75, resulting in year-to-date and 12-month share price returns, with dividends reinvested, of 16.8% and 25.3%, respectively.

The sector weightings of CGI’s investment portfolio at market as of October 31, 2024 were as follows:

Information Technology	24.0	%
Industrials	22.7	%
Financials	13.3	%
Materials	12.4	%
Energy	12.3	%
Consumer Discretionary	9.6	%
Real Estate	4.2	%
Communication Services	1.0	%
Cash & Cash Equivalents	0.5	%

The top ten investments which comprised 39.3% of the investment portfolio at market as of October 31, 2024 were as follows:

NVIDIA Corporation	7.6	%
TFI International Inc.	4.1	%
Canadian Pacific Kansas City Limited	3.9	%
Apple Inc.	3.8	%
WSP Global Inc.	3.7	%
The Descartes Systems Group Inc.	3.6	%
Franco-Nevada Corporation	3.4	%
West Fraser Timber Co. Ltd.	3.3	%
Mastercard Incorporated	3.1	%
Dollarama Inc.	2.8	%

FOR FURTHER INFORMATION PLEASE CONTACT: Jonathan A. Morgan President & CEO Phone: (416) 366-2931 Fax: (416) 366-2729 e-mail: cgifund@mmainvestments.comwebsite: www.canadiangeneralinvestments.ca