The Panic-Proof Portfolio (Stockchase Research)IGM Financial Inc.IGM.TOTOP PICKNov 28, 2023

His best guess is that GWO might be the best performer of the 3, though it's not particularly liquid but shouldn't be an issue for the retail investor. Insurance companies tend to do well in a rising rate environment, because it tends to discount their liabilities to a degree.

Funds have been coming out of equity firms. It is starting to expand but it is difficult to get good returns at this stage.. She prefers the parent company Power Corp which has a good dividend yield.

Really likes financials for the second half of the year. From July-September, returns are anemic compared to the market. But at the end of the year, financials have good outperformance. Looks fantastic, strong dividend. Likely to take out highs of 2021 over the course of this cycle. Upside until late 2025 or early 2026. 

It is expanding into the U.S. and making acquisitions. It has pulled back and could flat-line for a while, You could also look at the parent company Power Corp.

Great job renovating their franchise. He prefers POW, with its discount to NAV and ownership of GWO and GBL. Will continue to buy assets because they need scale. If you don't have scale, asset management becomes very difficult.

Are sensitive to market flows. Part of the Power Financial Group; she owns Power shares, the parent company. Prefers Power Corp. for its dividend.

A good dividend and balance sheet is strong. Cash flow, too. Most of your return will come from the dividend. The problem is that they're in a secular growth industry anymore, not like the 1990s or the early 2000s, and it's being disrupted by fintech. IGM is fine, but will not appreciate much.