Marval Capital's India-Focused Fund with 169% Total Net Return Over 5 Years, Outperforms Global Competitors

The Marval Guru Fund Delivers Outstanding 21.9% Net Compound Annual Return Over 5 Years

TORONTO, Nov. 7, 2024 /PRNewswire/ -- Marval Capital Ltd.'s ("Marval") Marval Guru Fund (the "Fund") proudly announces the completion of five years of performance this year, now with approximately $400 million in assets under management ("AUM"). For the first time, the Fund is sharing its performance rankings against all institutional funds offered in Canada and internationally available India-focused funds.

Over the past five years, in Canadian dollars, the Fund has delivered a net compound annual return of 21.9%, resulting in a total net return of 169%. An initial investment of $100 on September 30, 2019, would have grown to $269 by September 30, 2024. A fund with a net compound annual return of 10.4% over 10 years would yield a lower total net return than what the Marval Guru Fund has produced in just five years. Results were achieved without the use of leverage or derivatives.*

PERFORMANCE RANKINGS

Based on 5 Years of Performance (September 30, 2019 - September 30, 2024) 

Fund Database1	Number of Funds	Marvel Guru Fund Rank
Fundata Institutional Fund Database of Canada2	>3,000	6th
Royal Bank of Canada Pooled Fund Survey	>1,100	3rd
India Funds Available Outside of India	56	2nd

1 Sources: Fundlibrary.com (accessed September 2024), RBC Q3 2024 Pooled Fund Survey, Asian Fund Database (various reports gathered up to September 2024). 2 In the Fundata Institutional Fund Database of Canada, excludes a cryptocurrency fund with an AUM of $8 million.

Fundata Institutional Fund Database of Canada: According to Fundata, which tracks all institutional funds in Canada, the Marval Guru Fund, based on its 5-year performance ranks sixth out of more than 3,000 funds, encompassing every major investment firm and investment strategy in the country. Marval believes the Fund is well-positioned to continue delivering strong performance over the next 20 years. Notably, over the last ten years, 93% of the funds in the Fundata database have not achieved a total return as high as the Fund's five-year total return of 169%.