Bull, Bear & Beyond – Canadian General Investments in 60 seconds

Edison’s investment companies team recently published a CGI review. The company has an enviable record of outperformance versus the Canadian market; 1.4 and 2.3pp per annum over the last 25 and 50 years respectively. While CGI offers a one-stop shop for investment in Canada, up to 25% of the portfolio may be invested in US stocks. Manager Greg Eckel is unconstrained by the benchmark’s sector weightings, with a very long-term underweight in financial stocks and a meaningful above-market allocation to technology. Portfolio turnover has picked up from historic very low levels, partly due to the deployment of a recent drawdown of the company’s margin facility. CGI has a progressive dividend policy and 2024 will mark the 11th consecutive year of higher dividends.

Listen on your preferred podcast player below:

• Apple Podcast
• Spotify
• YouTube
• Zencastr

About Bull, Bear & Beyond: Each episode features candid conversations with senior executives and from our own team of experts from across industries, exploring strategy, innovation, and the opportunities shaping their markets and 60-second pieces are a compressed summary of content designed to convey our message in a single, easily shareable hit.