“Investing is half as technically complex as it is often taught but twice as emotionally difficult as it is often assumed” – Warren Buffett
Portfolio Analysis as at 31 December 2024:
| Number | Weight | Average Yield | Average Volatility | Average Discount/Premium | Average Q/V/M | |
| Direct Equities | 16 | 72% | 3.13% | 2.56 | N/A | 91/33/74 |
| Funds (ITs/ETFs) | 5 | 28% | 4.40% | 1.40 | -5.89% | N/A |
Combined Yield (weighted) = 3.68%
Combined Volatility (weighted) = 2.20 (Balanced)
QARP Checklist as at 27 June 2025:
| QARP Checklist | Pass Rate | Average |
| ROCE % (5 Yr Avg) | 15% | 29.21% |
| ROE % (5 Yr Avg) | 15% | 23.10% |
| CROIC % (Last Year) | 15% | 23.31% |
| Gross Margin % (5 Yr Avg) | 20% | 55.61% |
| Operating Margin % (5 Yr Avg) | 10% | 19.51% |
| Net Gearing % (Latest) | 30% | -53.24% |
| P/OCF (TTM) | 20 | 10.37 |
| PEG (TTM) | 2 | 0.90 |
| EV/EBITDA (TTM) | 20 | 7.77 |
| Earnings Yield % (TTM) | 5% | 14.24% |
| Dividend Yield % (TTM) | 1% | 5.02% |
| EPS Growth % (1 Yr Forecast) | 5% | 26.19% |
| Checklist Passes n/12 | 9.67 |
2025 Portfolio Performance v Benchmarks:
| CGI | FTSE All Share (TR) | Vanguard World (VWRL) | |
| Q1 | -7.48% | 6.31% | -5.92% |
| Q2 | 8.58% | 2.97% | 5.35% |
| Q3 | 10.49% | 6.64% | 9.20% |
| Q4 | |||
| YTD | 11.01% | 16.74% | 8.23% |
Historic Performance (since CGI inception):
2024: +21.36% total return
2023: +8.50% total return
2022: -13.07% total return
2021: +17.06% total return
2020: +2.10% total return
2019: +50.18% total return
2018: +20.36% total return
2017: +59.11% total return
2016: +29.46% total return
Average since inception: 21.67%
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