Overview
The investment objective of the Excel Chindia Fund is to seek long-term capital appreciation by investing primarily in Excel India Fund, Excel China Fund, and derivative securities. The Excel Chindia Fund is 100% RRSP eligible, while allowing investors to take advantage of the growth potentials of India and China.
Major Benefits of Excel Chindia Fund: - 100% RRSP eligible
- Efficient way for investors to gain exposure through RRSP eligibility to the returns of Excel India Fund and Excel China Fund
Investment Objective: To seek long-term capital appreciation by investing (either directly or through derivative instruments) primarily in mutual fund securities in order to gain exposure to the equity and debt markets of India and China. Excel Funds Management Inc. will regularly review the split between India and China based on the market conditions.
Fund Details | Inception Date | January 10, 1999 | | Min. Initial Investment | $250 |
| •Deferred Sales Charge |
$250 |
| •Low Load Sales Charge | $250 | | •F Series | $250 | | Min. Sub. Investment | $50 | | •F Series | $250 | | Fund Category | Emerging Markets Equity | | Asset Class | Equity |
| Management Fee |
2.25% |
| •F Series |
1.50% |
| 100% RRSP and TFSA eligible | Yes | | |  | | Fund Codes | Load Type | CAD$ | US$ | | Front End Sales Charge | EXL 101 | EXL 811 | | Deferred Sales Charge | EXL 201 | EXL 821 | | Low Load Sales Charge | EXL 301 | EXL 831 | | "F Series" | EXL 601 | n/a |
 View detailed listing of Fund Codes (PDF) Investment Strategy To achieve its investment objective, Excel Chindia Fund may invest (either directly or through derivative securities) up to 100% of its assets in mutual funds, which in turn, invest in equity and debt securities located in the markets of India and China based on market conditions. Portfolio Advisors Excel Funds has retained Excel Investment Counsel Inc.to act as portfolio manager. Excel Investment Counsel Inc. is responsible for the day-to-day portfolio management activities of this fund.
Paul Mesburis is the Senior Portfolio Manager and Chief Compliance Officer of Excel Investment Counsel Inc., and has more than 15 years of investment experience. On the buy-side, his previous roles have included Portfolio Manager of an equity mutual fund focusing on Canadian and US equities. On the sell-side, his investment experience includes investment banking, M&A and institutional equity research. Mr. Mesburis is a Chartered Accountant (Ontario) and a Chartered Financial Analyst. He earned his MBA from the Schulich School of Business at York University and a B.A. from the University of Toronto. |