CANADIAN GENERAL INVESTMENTS LTD (LON:CGI)Financial
Established in 1930, Canadian General Investments Limited is a Canada-based closed-ended investment fund with focus on medium to long-term capital appreciation and dividends in Canadian corporations. The company invest across Information Technology, Industrials, Consumer Discretionary, Real Estate, Health care, Consumer Staples, Materials, Financials, Energy, Communication services and utilities sector. The company compares its portfolio performance with its benchmark, S&P/TSX Composite Index. Its objective is to deliver higher than average return to its shareholders through prudent security selection, appropriate income-generating instruments and timely recognition of capital gains or losses. The company’s shares are listed on the London Stock Exchange as LON: CGI.
The company has appointed Morgan Meighen & Associated Limited (MMA) since 1956 as its investment manager, which uses a bottom-up investment strategy to achieve the company’s investment objectives. The manager prefer businesses with high investment potential and seeks for the global, economical and industry trends that may affect the businesses. With its custodian, CIBC Mellon Trust the company participates in a securities lending program and its securities lending collateral includes Federal government debt securities, Equities, the United State government debt securities and Provincial government debt securities.
10 Toronto St TORONTO, ON M5C 2B7 Canada