MISSISSAUGA, ON, Feb. 8, 2013 /CNW/ - Excel Funds Management Inc. today
announced a change in the distribution policy for Excel Blue Chip Fund
for both Series A and Series F units, as well as certain other minor
amendments to its fund lineup.
Effective March 1, 2013, Excel Blue Chip Fund will now distribute income
monthly at a fixed rate of 4% of the series net asset value (on an
annualized basis), rather than distributing income annually.
In addition to this change, Excel Funds Management Inc. will be offering
a U. S. dollar purchasing option on Series F units of Excel India Fund,
Excel China Fund, Excel Capital Income Fund (which is changing its name
from Excel EM Capital Income Fund) and Excel High Income Fund (which is
changing its name from Excel EM High Income Fund).
About Excel Funds Management Inc.
Excel Funds Management Inc. (Excel Funds) is a multiple Lipper Award
winning company, and Canada's only emerging markets focused mutual fund
provider. Pioneering emerging markets investing over 14 years ago, they
have been partnering exclusively with best in class, on-the-ground
portfolio managers that bring Canadian investors firsthand insight and
expertise in these flourishing economies. Excel Funds has the most
number of funds focused on the emerging markets and through these,
investors gain early exposure to companies positioned to become future
leaders in some of the world's fastest growing markets.
SOURCE: Excel Funds Management Inc.
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