Excel Funds Management Inc.

Emerging Markets


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Top Canadian executives are recognizing that Canadian exports need to expand beyond its top trading partner

Top Canadian executives are recognizing that Canadian exports need to expand beyond its top trading partner, the U.S., and focus on emerging markets in order to grow. A survey was sent out to top executives with 80% responding they believe the U.S. is in decline as an economic power. The survey went on to discover that another 90% believe that Canada needs to expand its trade with emerging market countries and lower trade with the U.S. in order to remain prosperous. 76% of respondents also said the top two Asian markets to focus on are China and India. According to Michael Bernstein CEO of Capstone Infrastructure Corp. economic activity is decreasing in the U.S. and will continue to have slower growth verses China, India and other emerging market countries. He goes on to say Canada needs to concentrate on emerging markets otherwise Canada will lose market share. Scott Edmonds CEO of Webtech Wireless Inc. says most Canadians underestimate Asia’s growth potential and the rise of the middle class accompanied by the consumption story. While he says not to ignore the U.S. he also says there is greater opportunity for growth in Asia.  Emerging Markets can no longer be ignored by Canadian investors otherwise they will miss out on growth opportunities in their portfolios. Excel funds offer a range of different emerging market funds ranging from country specific such as India and China as well as emerging markets in general.

 

Written by Jeff K.

 

Blackwell, R. (2012, December 17). Canadian businesses look to emerging markets.The Globe and Mail. Retrieved December 17, 2012, from http://www.bnn.ca/News/2012/12/17/To-bolster-prosperity-businesses-look-to-emerging-markets.aspx


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Kick-off the New Year with Canada’s hottest EM Bond manager, Sergei Strigo

Excel Funds Management Inc. is pleased to announce its first advisor event of 2013! Following his successful tour of Canada in January 2012, Sergei Strigo, sub-advisor of the Excel EM High Income and Capital Income Funds, will be once again with us to discuss his funds on the week of January 21st, 2013. Mr. Strigo’s boasts over 10 years managing emerging market bonds and Amundi Asset Management is one of the world’s largest asset managers with nearly $1 trillion assets under management. The sales and performance of the Excel Income Funds have been unmatched in 2012 as investors have taken advantage of funds great distributions and active currency management.

Please see below for Mr. Strigo’s availability and kick-off the New Year with Canada’s hottest EM Bond manager.

Monday, January 21st, 2013: Downtown Toronto, ON

Tuesday, January 22nd, 2013: Richmond Hill, North York & Scarborough

Wednesday, January 23rd, 2013: Mississauga, Etobicoke & Brampton

Thursday, January 24th and Friday, January 25th, 2013: Montreal, Kirkland & Brossard

For more information, contact your Regional Sales Manager or call 1.888.813.9813.


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Bhim D. Asdhir named to the MID WEEK SOUTH ASIAN POWER LIST

Excel Funds Management Inc. (Excel Funds) is proud to announce that Bhim D. Asdhir was named to the MID WEEK SOUTH ASIAN POWER LIST. Established in 2007, they select 25 South Asians in Canada who form the Midweek South Asian Power List. Individuals are selected on the basis of financial status, community service, position in public service office, position in corporate house, influence in the South Asian and mainstream community, and popularity. As the President and CEO of Excel Funds, Your Authority in Emerging Markets, Mr. Asdhir was a clear choice for the recognition.

Mr. Asdhir has often been recognized for his entrepreneurship, in June 2007, the Indo-Canada Chamber of Commerce awarded Bhim the honour of Male Entrepreneur of the Year.


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Excel Funds is Moving!

As the Emerging Markets prepare for their next phase of growth, we are doing the same at Excel Funds Management. I am proud to announce that effective November 23rd, 2012, our offices will be relocating from 2000 Argentia, Suite 4-280, Mississauga, to:

2810 Matheson Blvd East, Suite 800
Mississauga, Ontario
L4W 4X7
Our main line will remain: (905) 813-7111

Since 1998, Excel Funds has quickly expanded to its current size, and now, with 12 funds focused on the emerging markets, we proudly boast Canada’s most comprehensive emerging market investment solutions and are excited as we move into our next phase of development.

I am confident that as the emerging markets becomes an undeniable core of portfolios across Canada, your authority in Emerging Markets, Excel Funds, will continue to support you and contribute to the Canadian mutual fund industry.

Please note that our back office addresses have not changed – All Excel Funds paperwork should continue to be sent to 2920 Matheson Blvd. East, Mississauga, Ontario.

using 2920 Matheson Blvd. East in Mississauga for paperwork. Is this still the address for documents to be sent?


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Article Review – Hunt is on for African currency bonds

In what is considered a relatively new but growing asset class, locally denominated fixed income originating from African nations is gaining interest with fixed income managers.

“Until October, for the past two years, we were not overly excited about sub-Saharan Africa. But now valuations have become very compelling,” said Didier Lambert, London-based executive director and lead portfolio manager for local currency emerging markets debt at J.P. Morgan Asset Management (JPM).

 

JPMAM managed $1.85 billion for institutional clients in local currency emerging markets bonds across all markets as of Sept. 30, up $1.1 billion from Dec. 31, according to data from eVestment Alliance LLC, Marietta, Ga.

As an indication of the general momentum in the space, the article cites Nigeria locally denominated fixed income which has seen its yields fall more than 400 bps since August of this year alone.

 

Written by Jack S.

 

Link: http://www.pionline.com/article/20121210/PRINTSUB/312109969/hunt-is-on-for-african-currency-bonds#


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EXCEL FUNDS APPOINTMENT ANNOUCEMENT

EXCEL FUNDS APPOINTMENT ANNOUCEMENT

TORONTO (December 3rd, 2012) – Excel Funds Management Inc. (Excel Funds), Canada’s Authority in Emerging Markets, is proud to announce the appointment of Darren Kosack as Senior Vice President of Sales and Marketing.  Mr. Kosack joins an industry leading sales team that represents Excel Funds across Canada.

Mr. Kosack brings over 24 years of experience in the financial industry to Excel, having previously worked as Senior Vice President of Sales and Marketing at various leading Mutual Fund companies. “As investing in emerging markets becomes mainstream, we are strengthening our sales team to better serve our clients. The appointment of Mr. Kosack will not only add depth to our existing team but will also allow Excel to enhance its penetration of the distribution network” commented Bhim D. Asdhir, President and CEO of Excel Funds. “We believe now is an opportune time for investors to understand the value of investing in emerging markets.”

Excel Funds is proud of its contribution to the Canadian Mutual Fund Industry. As emerging markets become an essential allocation in every portfolio, we are confident that we are ideally positioned to meet the investment needs of investors seeking growth in emerging markets.

 

About Excel Funds

Excel Funds Management Inc. is a multiple Lipper Award winning company, and Canada’s only emerging markets focused mutual fund provider. For over 14 years, we have been partnering exclusively with best in class, on-the-ground portfolio managers that bring Canadian investors firsthand insight and expertise in flourishing emerging 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.

For further information, please contact your financial advisor, call our investor relations line at 1-888-813-9813 or visit our website at http://www.excelfunds.com.

Grant Patterson

Chief Compliance Officer

Excel Funds Management Inc.

905-817-2964

 


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After a year like 2012 Global EM Bonds are likely to become more pervasive and nuanced

After a year like 2012 Global EM Bonds are likely to become more pervasive and nuanced according to Baron’s writer Reshma Kapadia.

Citing Jan Dehn, co-head of research at emerging markets shop Ashmore Investments Management, Kapadia writes that “ the great unwind”

of developed economies may become a real problem as heavy debt loads and current account deficits start to gain significantly more traction with investors.

 In terms of strategy, Dahn points out the low correlation of EM/Global government fixed income and attributes continuing  trade as a macro rotation by investors such as himself. Dhan also goes on to point out that EM government  (locally denominated) fixed income insulates investors against weakness in the US Dollar.

Needless to say, we at Excel Funds still firmly believe in the growth of this asset class and offer investors the Excel High Income Fund.

The High Income Fund is a great vehicle that helps investors earn real yields in a low interest rate environment while on exposing portfolios to low-medium risks.

 Written by Jack S.

Read more:

http://blogs.barrons.com/emergingmarketsdaily/2012/11/26/asset-allocation-to-gain-importance-for-em-bond-investors-ashmore/?mod=google_news_blog

 

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.