“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 30 December 2022:
| Number | Weight | Average Yield | Average Volatility | Average Discount/Premium | Average Q/V/M | |
| Direct Equities | 20 | 76.45% | 4.34% | 2.95 | N/A | 93/39/77 |
| Funds (ITs/ETFs) | 6 | 23.34% | 5.41% | 1.67 | -7.91% | N/A |
Combined Yield (weighted) = 4.51%
Combined Volatility (weighted) = 2.64 (Adventurous)
QARP Checklist as at 30 December 2022:
| QARP Checklist | Pass Rate | Average |
| ROCE % (5 Yr Avg) | 15% | 36.90% |
| ROE % (5 Yr Avg) | 15% | 36.55% |
| CROIC % (Last Year) | 15% | 60.10% |
| Gross Margin % (5 Yr Avg) | 20% | 57.30% |
| Operating Margin % (5 Yr Avg) | 10% | 22.55% |
| Net Gearing % (Latest) | 30% | -49.26% |
| P/OCF (TTM) | 20 | 17.76 |
| PEG (TTM) | 2 | 1.82 |
| EV/EBITDA (TTM) | 20 | 10.96 |
| Earnings Yield % (TTM) | 5% | 8.80% |
| Dividend Yield % (TTM) | 1% | 3.56% |
| EPS Growth % (1 Yr Forecast) | 5% | 23.30% |
| Checklist Passes n/12 | 10 |
2023 Portfolio Performance v Benchmarks:
| CGI | FTSE All Share TR | Vanguard World (VWRL) | |
| Q1 | +0.98% | +2.12% | +3.75% |
| Q2 | |||
| Q3 | |||
| Q4 | |||
| YTD | +0.98% | +2.12% | +3.75% |
Historic Performance (since CGI inception):
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
CAGR since inception: 21.32%
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