Canadian Normal Investments: Funding Replace – Unaudited

TORONTO, Canada, Aug. 06, 2024 (GLOBE NEWSWIRE) — Canadian Normal Investments, Restricted (CGI) (TSX:CGI) (LSE: CGI) reviews on an unaudited foundation that its web asset worth per share (NAV) at July 31, 2024 was $65.46 leading to year-to-date and 12-month NAV returns, with dividends reinvested, of 18.6% and 14.7%, respectively. These examine with the 12.3% and 15.7% returns of the benchmark S&P/TSX Composite Index on a complete return foundation for a similar durations.

The Firm employs a leveraging technique, by the use of financial institution borrowing, with the intent to reinforce returns to frequent shareholders. As at July 31, 2024, the leverage represented 12.8% of CGI’s web belongings, down from 15.1% on the finish of 2023 and 14.5% at July 31, 2023.

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The closing value for CGI’s frequent shares at July 31, 2024 was $40.50, leading to year-to-date and 12-month share value returns, with dividends reinvested, of 18.2% and 14.3%, respectively.

The sector weightings of CGI’s funding portfolio at market as of July 31, 2024 have been as follows:

Industrials	22.5%
Info Expertise	21.6%
Financials	13.2%
Power	13.0%
Supplies	12.2%
Shopper Discretionary	10.0%
Actual Property	4.2%
Money & Money Equivalents	1.8%
Communication Providers	1.5%

The highest ten investments which comprised 39.1% of the funding portfolio at market as of July 31, 2024 have been as follows:

NVIDIA Company	6.8%
TFI Worldwide Inc.	4.8%
Canadian Pacific Kansas Metropolis Restricted	4.3%
Apple Inc.	3.8%
The Descartes Programs Group Inc.	3.6%
WSP International Inc.	3.5%
Franco-Nevada Company	3.3%
West Fraser Timber Co. Ltd.	3.3%
Mastercard Integrated	3.0%
Amazon.com, Inc.	2.7%

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