Excel Funds Appointment Announcement

TORONTO, Dec. 3, 2012 /CNW/ - Excel Funds Management Inc. (Excel Funds), Canada's Authority in Emerging Markets, is proud to announce the appointment of Darren Kosack as Senior Vice President of Sales and Marketing.  Mr. Kosack joins an industry leading sales team that represents Excel Funds across Canada.

Mr. Kosack brings over 24 years of experience in the financial industry to Excel, having previously worked as Senior Vice President of Sales and Marketing at various leading Mutual Fund companies. "As investing in emerging markets becomes mainstream, we are strengthening our sales team to better serve our clients. The appointment of Mr. Kosack will not only add depth to our existing team but will also allow Excel to enhance its penetration of the distribution network" commented Bhim D. Asdhir, President and CEO of Excel Funds. "We believe now is an opportune time for investors to understand the value of investing in emerging markets."

Excel Funds is proud of its contribution to the Canadian Mutual Fund Industry. As emerging markets become an essential allocation in every portfolio, we are confident that we are ideally positioned to meet the investment needs of investors seeking growth in emerging markets.

About Excel Funds

Excel Funds Management Inc. is a multiple Lipper Award winning company, and Canada's only emerging markets focused mutual fund provider. For over 14 years, we have been partnering exclusively with best in class, on-the-ground portfolio managers that bring Canadian investors firsthand insight and expertise in flourishing emerging economies. Through our funds, investors gain early exposure to companies positioned to become future leaders in some of the world's fastest growing markets. Excel Funds maintains a highly ranked fund family that is focused on emerging market growth opportunities.

SOURCE: Excel Funds Management Inc.

For further information:

please contact your financial advisor, call our investor relations line at 1-888-813-9813 or visit our website at www.excelfunds.com.

Grant Patterson
Chief Compliance Officer
Excel Funds Management Inc.
905-817-2964