Excel Funds Management Inc.

Emerging Markets

Ford India introduces new Figo

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Ford is launching its new enhanced Figo just 30 months after launching its hatchback in India. The price does remain the same at Rs. 3,84,999 for the petrol version, keeping it at level with the previous Figo. They have sold over 235,000 units of the car since the launch in March 2010. Ford India has also expanded its dealer network by 40 per cent — mostly in Tier-2 and Tier-3 cities over the last two years — going up to 230 sales and service outlets in 123 cities. The company plans to increase this to 500 outlets by 2015. Ford sees that the consumption in India is very strong, that the middle class is growing, and that the growth is there. India’s aggregate consumption will quadruple over the next 20 years. India’s middle class will reach 583 million by 2025 as incomes triple. Investors should stay put in India and partake in these companies and their growth.

Written by Melissa W.



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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