Active Management Highlighted as the Key to Success
TORONTO, Dec. 8, 2016 /CNW/ - Excel Funds Management Inc. ("Excel Funds") successfully hosted its cross-Canada roadshow, Rise of the Indian Consumer: The 1.3 Billion Effect, with events held in 6 different cities. Attendees were addressed by investment experts from Birla Sun Life Asset Management Company Limited ("Birla Sun Life"), who discussed strategies for tapping into India's unique growth story. Pro-business reforms and rapid consumption were also singled out as catalysts for future economic expansion.
"With all that has been happening across global markets, including the recent outcome of the U.S. presidential elections, as well as the demonetization program in India, this roadshow served as a timely update for our investors," says Bhim D. Asdhir, President and Chief Executive Officer with Excel Funds. "What we really wanted to focus on is how effective active management has been when investing in India. Our team at Birla Sun Life has a longstanding track record of outperforming the benchmark, and we wanted to demonstrate how they have been able to achieve this."
With over 7,000 publicly listed companies, India's market is substantially larger than Canada's. As a result, Excel Funds' portfolio managers have to meticulously go through segments of the market to find new investment opportunities that are positioned for long-term growth. This emphasizes the importance of having a more dynamic investment style. "Active management is very crucial when investing in India because the market is extremely diversified," notes, Atul Penkar, Head of Offshore Equities with Birla Sun Life and portfolio manager of the Excel India Fund. "Additionally, there are a lot of companies outside the benchmark that are growing at a much faster rate. Having an on-the-ground presence helps us to identify and invest in these companies at an early stage of their development, and this is how we generate alpha in the portfolio."
Canadian investors that are looking to gain direct access to India, can choose from a comprehensive selection of products offered by Excel Funds. Among these are the Excel India Fund, which is the largest and longest-running, India-focused mutual in Canada. The Excel New India Leaders Fund, which invests in small and medium-sized companies, that are the primary drivers of growth in India; and the Excel India Balanced Fund, which provides exposure to both Indian bonds and equities. Excel Funds continues to be an industry leader when it comes to investing in India, offering access to the entire spectrum of the Indian market.
To learn more about investing in India with Excel Funds click here.
About Excel Funds Management Inc.
Founded in 1998, Excel Funds Management Inc. offers an award-winning suite of emerging market strategies, catering to a broad range of investor profiles and objectives. Leveraging a global network of over 500 portfolio managers and 200 research analysts, our team has firsthand knowledge of the markets in which they invest – providing us with a true competitive advantage over our peers.
Our investment philosophy is grounded in disciplined fundamental research and continuously seeks out new growth opportunities in the emerging markets and beyond. Our on-the-ground sub-advisers and proprietary asset allocation models contribute to the firm being recognized as "The Authority in Emerging Markets".
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing.
Statements in this document, other than statements of historical fact, and including statements regarding the future economic effects of events, are "forward-looking statements". These forward-looking statements reflect the current beliefs of the respective fund's portfolio manager and are based on information available to the respective fund as of the date of this document. Actual results may differ materially as they are subject to a number of significant risks and uncertainties. The fund has no obligation to update or revise the forward-looking statements in this document.
SOURCE Excel Funds Management Inc.
Image with caption: "Excel Funds India Roadshow (CNW Group/Excel Funds Management Inc.)". Image available at: https://photos.newswire.ca/images/download/20161208_C5786_PHOTO_EN_835030.jpg
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