CONTACT US SUBSCRIBE
Call us!
Menu

Insights

Growth of China's USD 10.3 trillion dollar economy will continue to moderate and rebalance towards more domestic consumption drivers. We expect the government to provide selective monetary easing (similar to the recent cut in interest rates and RRR) and targeted stimulus, which will help "Old China" businesses.1 Chinese consumption moves online and evolves to more experiences as well as either value-oriented quality or unique luxury.…
Several macroeconomic factors have aligned perfectly to ensure that India's leading stock market, one of the best-performing markets in the world in the past year, appears poised to continue growing strongly. "The prospects for India's stock market are very good, especially for the long-term investor," says Mark Mobius, executive chairman of Toronto-based Franklin Templeton Investments Corp.'s emerging-markets group in Singapore. In 2014, India's bellwether S&P…
Despite a 11% YoY contraction in exports and a marginal pick-up in gold imports, the Jan trade deficit narrowed to a 16th month low of US$8.3bn. This was primarily due to a 37% contraction in oil imports. Going forward, given the Apr-Jan deficit of US$118.3bn and benign commodity view, we maintain our view of CAD narrowing to 1.2% and 0.2% of GDP in FY15 and…
The Aam Aadmi Party (AAP) of State of Delhi, led by Arvind Kejriwal, has redefined the words “absolute majority” by winning 67 of Delhi's 70 seats. This marks a turning point in India’s future as its population is sending a clear message to its leaders that they want an honest, clean government that is focused on economic development. Mr. Kejriwal takes over as Delhi’s Chief…
“The new Chief Executive of the Canada Pension Plan, Mark Wiseman, adds his voice to many others who have been advocating the importance of Asia and other EM regions to the global economic picture. Wiseman’s focus was on encouraging Canadian businesses to tap the growth in those markets. We believe that investors should similarly increase their investment exposure to EM growth by investing directly in…
The new Chinese government’s focus on internationalizing the renminbi (RMB) with initiatives such as increasing the number of offshore yuan clearing centres and relaxing the band of the USD peg has resulted in RMB-denominated payments increasing by 102% in 2014 versus overall currency payment growth of 4.4%. According to the global transaction services organization, SWIFT, this moves China into the top 5 payment currencies, globally.…
Another historic milestone for an EM country! After five decades of double digit growth, Dubai International Airport has just overtaken London's Heathrow as the world's busiest international travel hub. Dubai hosted 70.5 million international passengers last year versus the 68.1 million international travelers travelling through Heathrow. The opening of a new concourse this year will expand capacity to 90 million passengers. Dubai has been focused…
We are thrilled that two of our mutual funds were among the Top 10 mutual funds in Canada in 2014, outperforming more than 4,000 other mutual funds. The Excel India Fund, series F, with a total return of 54.2%, as at December 31, 2014, as tracked by Morningstar Canada, for the 1-year period ending December 31, 2014 was the best performing mutual fund, while the…
Leverage the growth of the world’s fastest growing economies With the stock markets of both India and China soaring to new highs, investing in the Excel Chindia Fund offers the opportunity to benefit from growth of two of the world’s most populous and fastest growing economies through a single mutual fund. Last year, the Indian equity market was the best performing major market in the…
There is an abundance of compelling reasons to invest in the Excel India Fund, the best performing mutual fund in Canada in 2014, such as: > Largest and longest running India fund in Canada > Outperformed its benchmark index since its inception date of April 14, 1998 > Top performing mutual fund in Canada, by total return, as tracked by Globefund and Morningstar Canada for…
Indian Corporates most optimistic for 2015 [(Source: Grant Thornton International Business Report)] a) Indian businesses, globally, are the most optimistic about the Indian economy in 2015, with 98% suggesting they are positive about the policies of the new government, way above the global average of 35% b) 94% of Indian businesses are expecting an increase in revenues and 89% expect a rise in profits in…
World growth has fundamentally changed over the past two decades. Growth is now primarily driven by emerging markets. This white paper discusses where emerging markets were, where they are, and where they heading in this globalized world. 10 major points discussed: Emerging markets have outperformed developed markets in both growth and market performance over the past two decades Emerging markets currently account for more than…

Disclaimer

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.