CGI’s investment objective is to provide better-than-average returns to investors by investing in a diversified portfolio of primarily Canadian equities. It aims to achieve this through prudent security selection, timely recognition of capital gains/losses and appropriate use of income-generating instruments.
Canadian General Investments (CGI) has been managed by Greg Eckel at Morgan Meighen & Associates (MMA) since 2009. He is encouraged by the company’s performance during 2020, a period during which investors have had to endure significant stock market volatility. Stock selection and positive sector allocation, along with remaining calm during the extreme sell-off in Q120, have all contributed to CGI’s strong absolute and relative performance. While Eckel is aware ‘there can be bumps in the road’, he says he will try to manage through these as he has done in the past. ‘We are offering consistency, as our shareholders expect,’ he adds.