Lawrence Asset Management has announced that units of the Lawrence India Fund are currently offered at net asset value per unit and may be purchased, or redeemed on the last business day of each week. The fund is registered retirement savings plan eligible.
Lawrence Asset Management has partnered with Reliance Asset Management, Singapore, to provide the fund with research, investment strategy advice and recommendations. Reliance Asset Management, Singapore is a wholly owned subsidiary of Reliance Capital Asset Management Limited, an asset management company in India.
Ravi Sood, president and COO of Lawrence Asset Management, said: Given India’s current economic trajectory and favorable demographics, it is projected to be one of the largest economies in the world within 25 years and will play a significantly larger role in global capital markets. We think now is the ideal time for Canadian investors to allocate a portion of their investment portfolio in to the Indian equity markets.
