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  5. MG: Hi Peter and Staff Yesterday Marco asked for your top 5 consumer discretionary names going forward. [Magna International Inc.]
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Investment Q&A

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Q: Hi Peter and Staff

Yesterday Marco asked for your top 5 consumer discretionary names going forward. I was a bit surprised to see PLC in the top 5 while MG(shown as consumer discretionary in your company details) was not. Do you view MG less favorably than the 5 suggested names?

Thanks and have a great day
Dennis
Asked by Dennis on January 25, 2024
5i Research Answer:

Not really; we still like MG overall. This is a bit of a quirk in classification. While MG is technically classified as consumer discretionary, it 'acts' like an industrial company due to its manufacturing base. It could and should have been listed.