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Sun Life Excel India Fund

$41.1478
Net asset value per security (NAVPS) as of June 22, 2018
$0.4285 1.05%
Benchmark

S&P BSE Sensex Index

Fund category

Geographic Equity

MorningstarTM Rating

-

Funds in category

-

Mutual fund categories are maintained by the Canadian Investment Funds Standards Committee (CIFSC).

 

Portfolio analysis (as of February 28, 2018)

Composition

%
Cash 7.2
Fixed income 0.1
Canadian equity 0.0
U.S. equity 0.9
International equity 90.7
Emg markets equity 1.0
Other 0.1

Equity style

Market cap %
Giant 43.6
Large 35.0
Medium 17.8
Small 2.4
Micro 1.1

Geographic composition %
Canada 0.0
United States 1.0
China 0.0
Germany 0.0
Japan 0.0
United Kingdom 0.0
Others 99.0
Global equity sectors* %
as of February 28, 2018
Utilities 2.9
Energy 5.5
Financials 33.1
Materials 9.9
Consumer discretionary 8.9
Consumer staples 7.5
Telecommunication services 2.6
Industrials 12.9
Health care 4.4
Information technology 10.3
Real Estate 1.9

Top ten holdings %
as of February 28, 2018
Infosys Ltd 5.8
Housing Development Finance Corp Ltd 4.4
HDFC Bank Ltd 4.2
Maruti Suzuki India Ltd 3.6
Yes Bank Ltd 3.6
ICICI Bank Ltd 3.2
Reliance Industries Ltd 3.0
Bajaj Finance Ltd 2.5
Tata Steel Ltd 2.1
Axis Bank Ltd 2.0
Total number of portfolio holdings 68

Performance analysis

Data not available at this time.

3-YEAR RISK MEASURES

Data not available at this time.

Current value of a $10,000 investment

$

Time frame:

Update

Investment management approach

Birla Sun Life AMC Limited

Birla Sun Life Asset Management Company Limited, is one of the leading fund managers in India and currently oversees approximately US$34 billion in assets under management as of September 30, 2017.

Overview

Note: On June 18, 2018, the Excel India Fund changed its name to the Sun Life Excel India Fund.

Investment objective

The investment objective of Sun Life Excel India Fund is to seek long-term superior growth of capital. The Fund will invest its assets primarily in equity securities of companies located in India through a “fund-of-fund” arrangement with India Excel (Mauritius) Fund.

 

This Fund may be suitable for investors who:

  • want exposure to equity and debt securities of companies located in India;
  • are willing to accept short-term volatility for potentially higher long-term returns;
  • are seeking a growth component within a diversified portfolio; and
  • can tolerate a higher level of investment risk.
 

Fund essentials

Inception date April  14, 1998
Min initial inv $ 250
Min additional inv $ 50
MER % audited as at Sept 30, 2017 3.20
Management fee % 2.10
Distributions A distribution may be applicable for this fund. Refer to Simplified Prospectus for more detail.
 

Management company
Excel Investment Counsel Inc., Mississauga, Ontario

Sub-advisor to the India Sub-Fund
Birla Sun Life AMC Limited, Mumbai, India 

Class Load structure Currency Fund Code
A ISC CAD SUNL100
A DSC CAD SUNL200
A LSC CAD SUNL300
A ISC USD SUNL810
A DSC USD SUNL820
A LSC USD SUNL830
 

Risk profile

Risk profile: High
Refer to the Simplified Prospectus for greater detail.

Management team

Birla Sun Life AMC Limited:

  • Atul Penkar, Portfolio Manager
 

Notes and Disclaimers

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. For periods greater than one year, the indicated rates of return are the average annual compounded total returns as of the date indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Ratings and/or ranking information is subject to change monthly.

Morningstar is an independent organization that groups funds with generally similar investment objectives for comparison purposes and ranks them on a historical basis.

Morningstar star ratings are an objective, quantitative measure of a fund's historical risk-adjusted performance relative to other funds in its category, and are calculated from a fund's 3, 5, and 10-year returns measured against 91-day Treasury bill and peer group returns. The top 10% of the funds in a category earn five stars; the next 22.5% four stars; the following 35% three stars; the next 22.5% two stars, and the bottom 10% one star. The Overall Rating is a weighted combination of the 3, 5, and 10-year ratings. Only funds with at least a three-year track record are considered, and ratings are calculated only for categories with at least 20 funds.

Morningstar quartile rankings show how well a fund has performed compared to all other funds in its peer group. Each fund within a peer group is ranked based on its performance, and these rankings are broken into quarters or quartiles. Within a group, the top 25% (or quarter) of the funds are in the first quartile, the next 25% are in the second quartile, the next group in the third quartile, and the bottom 25% of funds with the poorest relative performance are in the fourth quartile. The point in which half the funds had better performance and half had worse performance is the median. If 100 funds are being compared, there would be four quartiles of twenty-five funds each. The median would be the fiftieth fund.

For more details on the calculation of Morningstar star ratings or quartile rankings, please see www.morningstar.ca.

The Morningstar Style BoxTM reveals a fund's investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth). For fixed-income funds the vertical axis shows the average credit quality of the bonds owned, and the horizontal axis shows interest rate sensitivity as measured by a bond's duration (short, intermediate or long).

Morningstar Market Capitalization Breakdown Stocks are first divided into seven style zones based on their country of domicile: United States, Latin America, Canada, Europe, Japan, Asia ex-Japan, and Australia/New Zealand. Capitalization assignments are determined as follows: 1) For all stocks in a style zone, the market cap of each stock is converted into a common currency. The stocks in each style zone are ordered in descending order by size, and a cumulative capitalization as a percentage of total sample capitalization is calculated as each stock is added to the list. 2) The stock that causes cumulative capitalization to equal or exceed 40% of the style zone's total cap is the final one assigned to the giant-cap group. 3) The largest of the remaining stocks are assigned to the large-cap group until cumulative capitalization equals or exceeds 70% of the total capitalization of the style zone. 4) The largest of the remaining stocks are assigned to the mid-cap group until cumulative capitalization equals or exceeds 90% of the total capitalization of the style zone. 5) The largest of the remaining stocks are assigned to the small-cap group until cumulative capitalization equals or exceeds 97% of the total capitalization of the style zone. 6) The remaining stocks are assigned to the micro-cap group. The Market Capitalization Breakdown at a fund level is a breakdown of the capitalization assignments of the fund's equity holdings.

Morningstar category averages are equal-weighted category returns. The calculation is simply the average of the returns for all the funds in a given category. The standard category average calculation is based on constituents of the category at the end of the period.

Categories are assigned by Canadian Investment Funds Standards Committee (CIFSC) based on an evaluation of a fund's holdings. A fund's category may change at any time. Funds within the same category may differ in terms of investment philosophy, investment process, as well as overall composition.

The calculators found on this website and/or within fund pages generated by this website and by users are provided for illustrative purposes only. The calculators are educational and/or illustrative tools and do not constitute advice with respect to investment, insurance, financial, legal, tax, accounting or similar matters.

The Global Industry Classification Standard ("GICS") was developed by and is the exclusive property and a service mark of MSCI Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P") and is licensed for use by Sun Life Global Investments (Canada) Inc. Neither MSCI, S&P, nor any other party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.

The information contained in this fund page/profile is designed to provide you with general information related to the fund and investment alternatives and strategies and is not intended to be comprehensive investment advice applicable to individual circumstances. We strongly recommend that investors consult with a financial advisor prior to making any investment decisions.

© 2018 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.