Review: Selective, diversified Canadian fund
Canadian General Investments (CGI) sets out to provide an actively managed, balanced Canadian portfolio. The Canadian economy demonstrated relative stability through the financial crisis and has moved back into growth following an oil-related hiatus in the first half. CGI has outperformed its benchmark over one, three and five years. Combining this with the modest ratings commanded by Canadian stocks compared with the US market, CGI’s yield of nearly 3% (excluding any special dividend) and a price to NAV discount of more than 25% suggests an interesting proposition for investors.Canadian General Investments is a closed-end investment fund focused on medium to long-term investments in Canadian corporations. Co.'s investment objective is to provide better than average returns to investors through prudent security selection, timely recognition of capital gains/losses and appropriate income generating instruments. As of Dec 31 2010, Co. had total investment portfolio valued at C$647,103,000 and total assets valued at C$651,038,000.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.