Excel Funds Management Inc.

Excel Funds Management Inc.

April 15, 2008 14:22 ET

REPEAT: EXCEL FUNDS MANAGEMENT INC. CELEBRATES 10 YEARS OF EMERGING MARKET EXCEL-LENCE!

TORONTO, ONTARIO--(Marketwire - April 15, 2008) - With the launch of its Excel India Fund on April 14, 1998; Excel Funds Management Inc ("Excel") established a mandate to become the emerging market authority for investors and industry professionals alike. The vision of Bhim D. Asdhir, Excel Funds President & CEO, this Mississauga based mutual fund company today celebrates their 10th anniversary and the resultant 10 year track record of their flagship fund, now the longest running Canadian mutual fund investing in India.

"It feels like only yesterday that we hosted the Excel India launch breakfast at the Royal York Hotel" says Bhim Asdhir "We have come a very long way in these 10 years. Since 1998, our Excel India Fund has been the 1st choice for Canadian investors and we continue to be the first to bring you some of the best kept secrets in emerging markets, including the Excel China Fund which received the 2007 Lipper Award for best fund in the Asian ex-Japan category. The world has changed; today emerging markets are considered some of the best long term investments, whereas 10 years ago investment opportunities in emerging markets were relatively unheard of."

"Our strategy has been to partner up with the best on the ground portfolio managers whose investment strategies align with what we feel to be the best investment philosophies" says Asdhir "and this theme of surrounding ourselves with the best internal and external partners is one which we have carried throughout our business model. This 10 year milestone would not have been at all possible without the support of the Excel shareholders, unit holders, investments advisors, service providers and most certainly our growing team of Excel Funds staff. I am enormously proud to head this organization and can say with confidence that our team is one of the best in the industry. I look forward with anticipation to the next 10 years"

The Excel commitment to providing Canadians access to the emerging market opportunities has been unwavering throughout their 10 year to date. Focused on countries with burgeoning middle classes, rapidly expanding infrastructure and compelling consumption stories, Excel has brought Canadians the Excel India Fund, the Excel China Fund, Excel Chindia, and most recently the Excel Emerging Europe Fund. Rounding out its innovative product line-up, last year in response to client demand Excel Funds launched the Excel Income & Growth Fund, the Excel Money Market Fund and the Excel India Trust, a closed end fund listed on the TSX (EXI.UN).

Contact Information

  • For further information on the Excel Funds Management story
    and/or products and services please contact:
    Excel Funds
    Colleen Curtis, Manager of Sales and Marketing
    (905) 817-2930
    Email: colleen.curtis@excelfunds.com