Excel Funds appoints Zoran Vojvodic as Portfolio Manager

TORONTO, Feb. 24, 2012 /CNW/ - Excel Funds, Canada's authority in emerging markets, is pleased to announce the appointment of Zoran Vojvodic to the position of Portfolio Manager. In his new role, Mr. Vojvodic, alongside experts on the Excel Investments Counsel Inc., will continue to advance the firm's quantitative proprietary models in harnessing investment growth potential in emerging economies.

"Zoran brings significant experience to Excel Funds", said Bhim D. Asdhir, President and CEO of Excel Funds. "Our investment philosophy, strong on-the-ground sub-advisors, and in-house portfolio managers, combined with our dedication to emerging markets are producing results. This has been recognized in our recent Lipper Award win for the Excel Emerging Markets Fund".

Having worked in the investment industry for over 20 years, Mr. Vojvodic has extensive experience with multiple asset classes, ranging from global equities to commodities and derivatives. For the last decade, he has held several senior investment manager roles, including 12 years at AGF Management.

Mr. Vojvodic is a graduate of the University of Toronto and a CFA charter holder since 1999.

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 12 years, we 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. 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. For more information, please visit www.excelfunds.com.

SOURCE Excel Funds Management Inc.

For further information:

Media & Information Contact:

Ines Gomes, Communications Specialist, 905-817-2935, ines.gomes@excelfunds.com

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