They've made plenty of mistakes but at the end of the day there's still close to $100B of Funds under management, a valuable leadership position built on annuities and various options to deal with their challenges in distribution.
Not my highest conviction purchase but appears to be value at this level so I purchased a decent chunk last week. I would have thought the market recovery might provide them with a bit of relief. Fingers crossed for a decent report.
CGF Price at posting:
$5.81 Sentiment: Hold Disclosure: Held
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