TORONTO, Nov. 5, 2015 /CNW/ - Excel Funds Management Inc. ("Excel Funds") is proud to announce that two of its investment products have won 2015 Lipper® Fund Awards.
"Winning two Lipper® Fund Awards is indicative of our focus on providing strong risk-adjusted returns for our clients over the long-term," says Bhim D. Asdhir, President and CEO of Excel Funds. "Leveraging one of the largest networks of on-the-ground sub-advisers each of whom employ disciplined, active portfolio management, Excel Funds is able to maintain a competitive edge over its peers in the emerging markets space," he adds.
The Lipper® Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. They recognize the top funds in each category that have delivered stronger and more consistent performance than their peers.
Managed by Excel Investment Counsel Inc. ("EIC"), a wholly owned subsidiary of Excel Funds, both awarded products are the only mutual funds of their kind available in Canada, and offer investors the opportunity to benefit from growth in two of the world's largest economies, India and China.
"We are indeed proud to be recognized by Lipper® and welcome the challenge of repeating this feat in years to come," Asdhir says.
About Excel Funds Management Inc.
Excel Funds Management Inc. is a multiple Lipper Award winner specializing in emerging markets. Founded in 1998 with the launch of the Excel India Fund, the largest and longest-running India-focused mutual fund in Canada, Excel Funds has become a true leader in the emerging markets investment space by offering a wide-range of innovative investment products that capture new growth opportunities.
Leveraging a best-in-class investment team and an unrivalled network of sub-advisers, Excel Funds has access to the knowledge base of over 500 local portfolio managers and 200 analysts around the world. Its on-the-ground sub-advisers and proprietary asset allocation models contribute to the firm being recognized as "The Authority in Emerging Markets".
About the Lipper® Fund Awards
The Lipper® Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Lipper® Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award.
SOURCE Excel Funds Management Inc.
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