IN BRIEF: Canadian General Investments portfolio trails benchmark
Canadian General Investments Ltd – Toronto-based investment trust founded in 1930, focused on Canadian equities, and managed by Morgan Meighen & Associates – Reports net asset value per share of CAD84.06, around USD60.31, at October 31. Says year-to-date total NAV return is 5.3%, trailing the company's benchmark, the S&P/TSX Composite Index, which returns 14.4%. Over the period, Canadian General's top three investments are Nvidia Corp at 4.8%, Franco-Nevada Corp at 4.6% and Celestica Inc at 4.1%. Its largest sector weightings are industrials at 21%, information technology at 20% and energy at 16%. Read More