MISSISSAUGA, ON, Oct. 9, 2012 /CNW/ - Excel Funds Management Inc. today announced a change in the risk rating of one of its mutual funds.
Change in Risk Rating
In accordance with its methodology for classifying fund volatility, Excel Funds Management Inc., has changed the investment risk level of Excel China Fund from 'medium-to-high' to 'high'.
A risk rating of "high" is typically associated with an investment in equity portfolios that concentrate their investments in specific regions or in specific sectors of the economy where there is a substantial risk of loss (e.g., emerging markets).
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. Excel Funds maintains a highly ranked fund family that is focused on emerging market growth opportunities.
SOURCE: Excel Funds Management Inc.
For further information:
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.
Chief Compliance Officer
Excel Funds Management Inc.