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Excelsia Capital is an independent, owner-managed investment management firm, founded in 2016.

Excel

The act of surpassing expectation or achieving a high level of performance or proficiency in a particular activity, skill or endeavour.

Sia

A vast area, a sizable land mass, a country, a continent.

Excelsia

A place for people of excellence, where everyone is given the environment to excel in their work and life.

Charlie Munger

"All intelligent investing is value investing - acquiring more than you are paying for it. You must value the business in order to value the stock"

R9+ BN

Assets under management

15+

Institutional clients and a growing retail client base

12

Staff members

180+

Years of investment industry experience

100%

Staff owned

Who we are

Excelsia Capital is an independent owner-managed investment management company, founded in 2016. The team has grown to include professionals with over 180 years of combined experience. Our mission is excellence in investment management which pivots on performance, people, and client service. This is achieved through consistent application of our investment philosophy and process, and enhanced through our team diversity. We ensure transparency in everything we do and have built trusted long-term partnerships with our clients and service providers. As an active investment manager with a fundamental valuation-driven investment philosophy, our core belief is that markets are not efficient in the short term, and move in cycles from fear to greed, and back again – this creates opportunities for long-term investors. Our strategies offered include Core and Aggressive SA Equity, Domestic Balanced, Global Balanced and Global Equity.

Our Investment Philosophy

The guiding principle of our investment philosophy is that we are buying a business and not a stock. This focuses our minds on thinking long term and assessing the key variables that drive value for a business. We are interested in buying businesses that we believe are selling at a discount to our assessment of their intrinsic value. We use multiple valuation methodologies to determine the value of a business. Normalisation of earnings is a key part of understanding business cycles and fair value. We also account for probability of outcomes around intrinsic value and possible time frames over which such value can be unlocked. Included in the valuation process are both quantitative and qualitative factors to help evaluate the key revenue drivers of the business, its risks/rewards, and the industry dynamics in which the business operates.

Margin of Safety

Investments are made when companies sell at attractive discounts to our estimates of their intrinsic values, and where we feel there is sufficient margin of safety. While margin of safety does not guarantee the success of an investment, it does help protect against the effects of unforeseen and unforecastable events. By using the margin of safety principle across a diversified basket of businesses, our investment portfolios aim to deliver alpha to clients over the long term.

Fear and greed

Businesses are not always priced to accurately reflect their true intrinsic values. At the extremes, this price distortion can be irrational. We seek to profit from this difference between price and intrinsic value. Market “fear and greed”, when emotions and momentum drive prices (and valuations become irrelevant), provides this opportunity.

Macro forecasting

We believe consistent out-performance can only be achieved through superior knowledge and understanding of companies, not through attempts at predicting what is in store for the economy, interest rates or the markets. Therefore, our investment process is bottom-up based upon company specific research. However, we do use overall portfolio structuring as a defensive tool to help avoid unintended concentration to macro factors.

Long-term approach

We take a long-term approach to investing, with a typical investment horizon of 3-5 years. Outperformance in the long term is driven by focusing on the long-term value of a business. In the short term, a company’s price tends to be driven primarily by market sentiment and news flow rather than the underlying value of the business.

Strategies

Excelsia Capital has a range of strategies designed to meet the needs of investors. Our skills and experience in these strategies have been crafted over decades and brought together in team Excelsia. Our valuation-based philosophy and process is consistently applied across all strategies. Our team-based approach together with the inherent diversity within the team ensures robust debate of investment ideas.

Further information on our strategies can be obtained as below:

Funds

Excelsia Equity 27four Fund

Excelsia Balanced 27four Fund

Excelsia Flexible Income 27four Fund

Excelsia Global Equity Fund

Forms

Strategy Fact Sheets

Core Equity

Download Factsheet

Aggressive Equity

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Growth Equity

Download Factsheet

Domestic Balanced

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Global Equity

Download Factsheet

Global Balanced

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Emerging Markets Equity

Download Factsheet

Flexible Income

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Fraud Alert

We are aware that Excelsia Capital’s details have been fraudulently used to sell fake investment products on Telegram. We do not conduct business through any social media platforms such as WhatsApp, Facebook, X, or Telegram. Please only engage with us through the communication options provided on this website.