Report

Canadian General Investments - Very long-term record of outperformance

Canadian General Investments (CGI) has been managed by Greg Eckel at Morgan Meighen & Associates (MMA) since 2009. He has an unconstrained investment process, seeking quality companies on a bottom-up basis that can be held for the long term. This approach means that the fund’s sector weightings can differ meaningfully from those of the benchmark S&P/TSX Composite Index. The manager invests across the market cap spectrum including niche smaller companies that may not be on everyone’s radar screen; hence, CGI may be viewed as a ‘one-stop shop’ for investment in Canada, although up to 25% of the fund may be held in US equities. The company has an enviable long-term performance track record and pays regular quarterly dividends from both income and capital gains.
Underlying
Canadian General Investments Ltd.

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.

Provider
Edison Investment Research
Edison Investment Research

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.

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Analysts
Pedro Fonseca

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