Excel Funds Management Inc.

Emerging Markets

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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.