The CG Asset Management (CGAM) team’s focus on medium-to-long-term absolute returns, coupled with its excellent track record has attracted a loyal following of investors. This note describes:
CGT : CG Asset Management – Focus on absolute returns
- CGAM’s business;
- its investment approach; and
- two of its absolute return funds:
- Capital Gearing Trust
- CG Absolute Return Fund
Capital Gearing Trust (CGT)’s managers believe that it has built an enviable long-term track record by focusing on the preservation of its shareholders’ wealth, even when adjusted for the effects of inflation. This has attracted a loyal investor base. There will be times when the managers adopt a cautious stance and the trust lags rising equity markets. This is the situation that we find ourselves in today. The managers believe that valuations of most asset classes are stretched close to breaking point. The portfolio is positioned in short duration, liquid assets, awaiting a more favourable investment environment.
Manager of the top-performing investment company
CGT’s dual objectives are to preserve shareholders’ real wealth and to achieve an absolute total return over the medium to longer term. It aims to achieve its investment objectives through long only investment in quoted closed-ended funds and other collective investment vehicles, bonds, commodities and cash, as considered appropriate.
Capital Gearing Trust (CGT)’s managers believe that it has built an enviable long-term track record by focusing on the preservation of its shareholders’ wealth, even when adjusted for the effects of inflation. This has attracted a loyal investor base.
