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CGI Canadian General Investments Ld

2,260.00
0.00 (0.00%)
30 Dec 2024 - Closed
Delayed by 15 minutes
Canadian General Investm... Investors - CGI

Canadian General Investm... Investors - CGI

Share Name Share Symbol Market Stock Type
Canadian General Investments Ld CGI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2,260.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
2,260.00 2,260.00 2,260.00 2,260.00 2,260.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 10/1/2024 07:23 by quepassa
Very good point.

There is no simple answer.

It's easy to understand why funds which are invested in illiquid assets -which are hard to value and to realise- rightly deserve to trade at a significant discount to NAV(the so-called illiquidity premium).

But when you have a big fund like this in liquid assets with a strong manager and reasonable fees, the gaping discount is a conundrum - especially when the discount has blown out to levels wider than historical mean.

On the bright side, when the discount has blown out, as an investor/buyer you stand the chance of benefiting not just from the underlying performance of the portfolio but also hopefully/likely from the tightening of the disproportionate discount as it reverts to mean.

all imo. dyor.
qp
Posted at 05/4/2021 13:46 by al101uk
25%, but the UK has a treaty that reduces that to 15% for UK based investors.

Guessing there's some form filling to be done for those that hold the Toronto listed shares.
Posted at 17/3/2021 11:15 by al101uk
I have a dividend due 15/3 here, but haven't seen it hit my account. That's unusual, I normally get them same day with interactive investor.

Anyone else got/not got divi?
Posted at 04/9/2013 06:58 by salvorhardin
The general rule is that withholding taxes are charged by countries against the income earned by foreign investors and they cannot be reclaimed.

So your dividends should be charged 15% Canadian withholding tax which you cannot reclaim even though the holding is in an ISA.

Investors used to be able to reclaim the tax credit on UK dividends paid on shares in ISAs but that hasn't been the case for many years (another Gordon Brown stealth tax).

The tax exemptions nowadays for shares held in ISAs are that there is no higher rate tax liability on dividends and no capital gains tax to pay.

Capital distributions, such as the year-end capital gains distribution, should not have any withholding taxes deducted because they are capital payments and are thus not income. Unfortunately overzealous brokers can sometimes deduct withholding taxes from capital payments.