Excel Funds Management Inc.

Emerging Markets

Russia’s 2014 Olympic games set to become the most expensive winter Olympics to date

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Russia’s Sochi is getting ready for the 2014 Olympic games. There is a budget of $18 billion dollars set aside and is set to become the most expensive winter Olympics to date. Everything is being built from scratch for the games. This includes the event sites as well as mountain resorts and hotels for all participants of the games. Roads are also being improved and new ones being built. The new construction is also incorporating green technology where it did not exist before.  In some way Russia is copying what China did for the 2008 Summer Olympics. They are presenting a new Russia for the rest of the world to see. Mr. Chernyshenko, President and CEO of Sochi 2014 said “every Olympics should surpass the one before” and it looks like Russia is well on its way.

As new construction continues it is a great opportunity for investors to consider investing in this region. The Excel Emerging Europe fund provides investors with the ability to invest in Russia directly .

Written by Jeff K.

Wake, B. (2012, November 10). Russia goes all out to build Olympic city Sochi: Most Expensive games in History. The Vancouver Sun. Retrieved November 12, 2012 from http://www.vancouversun.com/sports/Russia+goes+build+Olympic+city+Sochi/7530501/story.html#ixzz2C1Ussptt

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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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