CGI Responds to 2024 Economic Outlook
Impressive Performance for Canadian Investment Fund
Answering Investor Questions for 2024
The Canadian investment market is full of uncertainty as we navigate the economic landscape of 2024. Canadian General Investments Limited (CGI) is a closed-end equity fund that has a very long-term performance record versus the Canadian market with annual share price appreciation of 10.2% since its inception in 1988 versus 8.5% for the S&P/TSX Composite Total Return Index.
CGI invests in high-quality, dividend-paying Canadian companies of all sizes. The fund's objective is to provide investors with long-term capital appreciation and dividend income. CGI has a proven track record of delivering on its objectives. Since its inception in 1988, the fund has delivered a total return of over 700%. [Source]
As we look ahead to 2024, CGI is well-positioned to continue delivering strong results for its investors. The fund's portfolio is well-diversified, with a focus on high-quality companies that are well-positioned to withstand economic headwinds.
In 2024, we expect the most frequently asked question amongst Canadian investors to be, "What is the best investment for 2024?" While there is no one-size-fits-all answer to this question, CGI is a compelling option for investors who are looking for a long-term investment with a proven track record of success.
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