Excel Funds Management Inc.

Excel Funds Management Inc.

May 19, 2009 10:27 ET

Excel Funds Announces Media Conference Call Featuring Itau Asset Management, Award Winning Fund Manager in Latin America

TORONTO, ONTARIO--(Marketwire - May 19, 2009) - Excel Funds is pleased to announce an exclusive media-only conference call with Q&A on May 21st, 2009 featuring award-winning fund manager Banco Itau Asset Management to discuss the long-term investment opportunity in Brazil and Latin America in advance of a national road show in May. Itau AM is the leading asset manager in the region and a subsidiary of Banco Itau, the number one bank in Latin America by market capitalization

Fund manager Roberto Nemr and chief economist Mauricio Gutemberg will highlight the exciting investment opportunity in Latin America in the near term and over the next decade including the following key points:

- Brazil has the best performing stock market this year.

- Falling debt and inflation support economic growth and investment.

- Banks in Brazil are well capitalized and earnings are strong.

- Low credit penetration support financial services growth.

- Strong growth for telecom and media sectors in Mexico.

- Infrastructure opportunities in Mexico and Brazil.

- Low valuations across the region.

Banco Itau

Banco Itau Unibanco is the largest financial institution in Latin America by market capitalization, with more than 56 million clients spread across 4,800 branches and total assets of US$208.7 billion. The company has been awarded the title of "Best Brazilian Bank" numerous times this decade by Euromoney, Latin Finance, The Banker, and Global Finance. Banco Itau is on Fortune magazine's top 500 list of corporations.

Itau Securities (Brokerage House) has the largest research coverage in Brazil with 66 analysts covering over 150 companies. Itau Asset Management was voted the "Best Equity Fund Manager" in Brazil by ValorInveste/S&P from 2004 to 2008.

About Excel Funds

Founded in 1998, Excel Funds is a specialized fund management company that focuses on investment opportunities in emerging markets. Excel Funds manages highly ranked and award winning mutual funds including Excel India Fund, Excel China Fund, Excel Chindia Fund, Excel Latin America Fund, Excel Income and Growth Fund, Excel Emerging Europe Fund, Excel Money Market Fund, and Excel India Trust (EXI.UN), a TSX-listed closed-end fund.

To reserve your spot at this conference call please contact Kavitha Ramaswamy, Excel Funds at 1-888-813-9813 or visit our website at www.excelfunds.com.

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