The Excel China Fund is a mutual fund investing approximately 90% of its assets in equity securities of companies located in China, Hong Kong, Taiwan and other Far East countries. The balance of the Fund's assets will be invested in Canadian equity securities that focus on companies doing business in China, debt securities of Canadian issuers, derivatives (futures, options and forward contracts) and cash or cash equivalents.

Invest in China because…

• China is the world’s second largest economy on a purchasing power parity basis.
• China's 1.3 billion people drive the economy and the growth is largely from its domestic economy.
• China has been 1st place among developing nations, for eight years in a row, in attracting foreign investment.
• The 2008 Beijing Olympic games will take 280 billion Yuan (34 billion U.S. dollars) investment in the coming seven years, create 700,000 jobs, and contribute about 1.4 trillion Yuan (170 billion U.S. dollars) of output to the economy.
• China’s long-term gain from WTO membership will be equivalent to about 1-2% of GDP per year.