MISSISSAUGA, ON, Dec. 4, 2012 /CNW/ - Excel Funds Management Inc. has
received securityholder and regulatory approval to merge Excel Income
and Growth Fund into Excel EM High Income Fund which was announced on
November 5, 2012.
The merger was approved at a special meeting held November 2, 2012 and
was completed on November 30, 2012.
Excel Funds Management Inc. looks forward to continuing to serve the
interests of securityholders through its management of the continuing
fund, 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.
For further information:
For all news media enquiries please contact:
Chief Compliance Officer