Canadian General Investments


Market CapC$668m

Last Close C$32.03

CCPEOL is a closed-end investment company, domiciled in Jersey and listed in London. It invests through a Luxembourg vehicle, CVC European Credit Opportunities (CEC), aiming to provide investors with regular income and capital appreciation from a diversified portfolio of predominantly sub-investment grade debt instruments. The portfolio is split into two pools: performing credit and credit opportunities. CCPEOL has two classes of share: sterling shares (CCPG) and euro shares (CCPE) traded on LSE.

More Canadian General Investments content >

Investment summary

Canadian General Investments (CGI) has been managed by Greg Eckel at Morgan Meighen & Associates (MMA) since 2009. Despite elevated levels of stock market volatility, he is maintaining his disciplined approach to stock selection, seeking high-quality companies that can be held for the long term. The manager believes the chance of a recession in Canada is ‘slim to none in the near to medium term’ as the economy is in ‘good shape’. However, if changes to the portfolio are required, due to a sustained change in the investment backdrop, they will be undertaken in a measured way. CGI has a progressive dividend policy, paying regular quarterly dividends; the total distribution in FY21 was 4.8% higher year-on-year and the fund currently offers a 2.5% yield.

Content on Canadian General Investments
Canadian General Investments – Very long-term record of outperformance
Investment companies | research Review | 15 November 2021
Canadian General Investments – Building on strong long-term performance record
Investment companies | research Review | 17 May 2021
View more
Register to receive research on Canadian General Investments as it is published
Investment companies
Access more Investment companies content
Share price graph
Price performance
Actual (12.2) (24.3) (17.1)
Relative* (3.5) (12.2) (11.4)
52-week high/low C$45.0/C$31.6
*% relative to local index
Key management
Vanessa L. Morgan Chairman
Jonathan A. Morgan President and CEO

You may also be interested in…