Edison Releases Report on Canadian General Investments (CGI)

On October 30, 2024, Edison Investment Research Limited published a report on Canadian General Investments (CGI), managed by Greg Eckel of Morgan Meighen & Associates. Eckel advocates for investor exposure to Canada over the U.S., citing CGI's historical success. The fund has outperformed the Canadian market by 1.4 percentage points annually over 25 years and 2.3 percentage points over 50 years. Unconstrained by the S&P/TSX Composite Index, CGI maintains a long-term underweight in financial stocks. Remarkably, 2024 will mark the 11th consecutive year of dividend increases. Additionally, CGI's margin facility recently increased by C$25 million to C$200 million.