Excel Funds Hosts Income Generation Roadshow Across Canada
Three-day tour in Calgary, Toronto, Ottawa and Montreal on High-Yielding Emerging Market Fixed Income Opportunities
TORONTO, Jan. 11, 2012 /CNW/ - Excel Funds Management Inc. is excited to host a nationwide Income Generation Roadshow focusing on the attractive opportunities offered by emerging market fixed income. It will bring Canadian financial advisers exclusive access to Sergei Strigo, Head of Emerging Market Debt & Currency at Amundi Asset Management; the sub-advisor of the Excel EM High Income Fund and one of the world's largest asset managers with nearly $1 trillion of assets under management. Strigo is calling the yields on emerging market bonds very attractive and is in Canada to discuss the benefits of investing in this growing asset class. The roadshow will include exclusive speaking conferences for investment advisers and media in Calgary, Toronto, Ottawa and Montreal from January 16-18th, 2012.
"The majority of emerging market bonds are investment grade and offer much higher yields with many of these nations carrying very low debt-to-GDP ratios," said Bhim D. Asdhir, President and CEO of Excel Funds. "The asset class can bring many significant diversification benefits to a portfolio and is attracting increasingly more attention from retail and institutional investors."
As emerging economies account for approximately 75% of the world's growth, emerging market sovereign debt is proving to be less risky than developed market debt, while offering higher rates of return. Emerging market bonds, such as those which are held by the Excel EM High Income Fund, have produced higher annual returns compared to both corporate and high yield bonds in developed economies. Credit quality in emerging markets continues to strengthen, and these economies currently control about 80% of global foreign exchange reserves.
Drawing on more than a decade of investment experience, Strigo makes a strong case for investing in emerging market bonds. These bonds have a low correlation with other asset classes, which provides significant diversification benefits for investors' portfolios versus bonds in developed markets. From strong outperformance to excellent growth prospects and improving credit quality, this asset class can position Canadian investors to benefit from emerging market growth at a low to medium risk rating; the Excel EM High Income Fund, for instance, has a portfolio yield of 7.7%. Excel Funds also offers a tax-efficient version of this Fund, the Excel EM Capital Income Fund.
For more information please visit www.excelfunds.com.
About Excel Funds
Excel Funds Management Inc. is Canada's first and only emerging markets focused mutual fund provider. For over 12 years, we have been partnering exclusively with best in class, on-the-ground portfolio managers that bring Canadian investors firsthand insight and expertise in these flourishing economies. Through our funds, investors gain early exposure to companies positioned to become future leaders in some of the world's fastest growing markets. Excel Funds maintains a highly ranked fund family that is focused on emerging market growth opportunities.
Media & Information Contact: Ines Gomes, Communications Specialist, 905-817-2935, [email protected]
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