Excel Funds Management Inc.

Emerging Markets

India, China consumer spending to triple by 2020: study

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Boosting the economic growth and corporate profits in the developed world is what’s expected to happen by 2020 in China and India. How you ask? Well, the consumer spending in those two countries are expected to triple to $10 trillion a year combined. The prediction is that China and India will spend a total of $64 trillion on goods and services in the decade leading up to 2020. Investors have been wary about China and India in the past few quarters due to slow economic growth and political risks, but the middle class in the two countries is expected to reach 1 billion by 2020 and the size of middle class population is to raise an additional 17% since 2010. As per these predictions, the future spending habits of the middle class will help the economy, proving that India and China won’t let their investors down. Accelerating middle class growth is fueling consumer spending and economic development.

Written by Melissa W.

http://ibnlive.in.com/news/india-china-consumer-spending-to-triple-by-2020-study/297279-3.html

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Author: Excel Funds Management

We Are Leaders. Our Focus is Undivided. Excel Funds is Canada’s specialist in Emerging Market investment opportunities. We pioneered Emerging Market mutual fund design and distribution in Canada. Our focus is undivided – Emerging Markets is all we do. Our Mission Is To Offer Canadians True Global Access By offering Canadians access to rapid growth markets, Excel Funds provides truly global and diverse investment value. Our clients want consistent, responsible and intelligent solutions – we will never stop being challenged and deliver on client expectations. We Listen. We Are Determined To Deliver. Our clients want to understand better. Excel Funds is the only company dedicated to providing investors with actively managed, best-in-class Portfolio Managers based in regional markets. In order to deliver deeper understanding, we are not removed from unique cultural, political and economic experiences. We Initiate. We Create. Investors benefit from strong, sustainable growth. To create wealth for our clients we will: • Offer globally diverse opportunities to capture shifts in world economies • Not resist change and continually lead in Emerging Markets global growth • Engage world class institutional managers for retail investors We Are Passionate. We Will Never Stop Innovating. True leadership is enabling and seeks a positive outcome for all invested. We will not rest on past success, and continue to provide clients with: • Innovative fund structures • Canada’s largest & most comprehensive Emerging Markets products • The best institutional level Portfolio Managers • World class on-the-ground active managers • A singular focus on Emerging Markets, the driver of global growth

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