Excel Funds Management Inc.

Emerging Markets

EXCEL FUNDS APPOINTS CHRISTINE TAN AS PORTFOLIO MANAGER

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TORONTO (September 17, 2012)

Excel Funds Management Inc. (Excel Funds), Canada’s Authority in Emerging Markets, is proud to announce the appointment of Christine Tan to the role of Portfolio Manager. Working alongside our Senior Portfolio Manager, David Kunselman, and award winning Excel Investment Counsel Inc., Ms. Tan will add significant value to the Excel Funds family of products with her solid track record, top quartile performance and extensive research in the emerging markets.

“Ms. Tan will complement our team and strengthen our overall investment management capabilities”, said Bhim D. Asdhir, President and CEO of Excel Funds. Ms. Tan’s high conviction investment style and performance focus furthers Excel Funds commitment to financial professionals and their clients.

In her over 10 years in the financial industry, Ms. Tan was most recently a portfolio manager at Gluskin Sheff & Associates, a pre-eminent wealth manager serving high net worth private clients and institutional investors, where she co-managed a $1 billion equity fund. Conversational in several language including French, Italian and Mandarin, Ms. Tan’s extensive experience includes research, mergers and acquisitions as well as equity financing.

“We are truly excited to have Christine on board”, Mr. Asdhir concluded, “over the next five years the emerging markets will become an essential allocation in every portfolio and with the addition of Christine to our in-house and on-the-ground award winning teams, we are ideally positioned to deliver solid performance to Canadian investors.”

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

Grant Patterson

Chief Compliance Officer

Excel Funds Management Inc.

905-817-2964

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Author: Excel Funds Management

We Are Leaders. Our Focus is Undivided. Excel Funds is Canada’s specialist in Emerging Market investment opportunities. We pioneered Emerging Market mutual fund design and distribution in Canada. Our focus is undivided – Emerging Markets is all we do. Our Mission Is To Offer Canadians True Global Access By offering Canadians access to rapid growth markets, Excel Funds provides truly global and diverse investment value. Our clients want consistent, responsible and intelligent solutions – we will never stop being challenged and deliver on client expectations. We Listen. We Are Determined To Deliver. Our clients want to understand better. Excel Funds is the only company dedicated to providing investors with actively managed, best-in-class Portfolio Managers based in regional markets. In order to deliver deeper understanding, we are not removed from unique cultural, political and economic experiences. We Initiate. We Create. Investors benefit from strong, sustainable growth. To create wealth for our clients we will: • Offer globally diverse opportunities to capture shifts in world economies • Not resist change and continually lead in Emerging Markets global growth • Engage world class institutional managers for retail investors We Are Passionate. We Will Never Stop Innovating. True leadership is enabling and seeks a positive outcome for all invested. We will not rest on past success, and continue to provide clients with: • Innovative fund structures • Canada’s largest & most comprehensive Emerging Markets products • The best institutional level Portfolio Managers • World class on-the-ground active managers • A singular focus on Emerging Markets, the driver of global growth

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