Overview
The investment objective of the Excel Emerging Europe Fund is to seek long-term capital appreciation by investing primarily in equity and debt securities of companies benefiting from the emerging markets situated in Europe.
"New Europe"
Termed, the "New Europe", the hard working people of Eastern Europe are embracing the shift to an urban culture. Successful government reforms are resulting in lowered trade barriers and lower taxes. With a wealth of inexpensive resources, major large scale corporations are choosing to locate in Eastern Europe. Enjoying the benefit of better jobs and higher income, the people of Eastern Europe continue to boost domestic consumption. Luxury automobiles, and designer fashions are being manufactured there, not only for the export markets, but to cater to the domestic appetite for a better way of life. Within the larger cities of Eastern European countries, people now enjoy a bustling nightlife and world class entertainment.
Fund Details | Inception Date | December 5, 2007 | | Min. Initial Investment | $500 |
| •Deferred Sales Charge |
$500 |
| •Low Load Sales Charge | $2,500 | | •F Series | $2,500 | | Min. Sub. Investment | $50 | | •F Series | $1,000 | | Fund Category | Emerging Markets Equity | | Asset Class | Equity |
| Management Fee |
2.50% |
| •F Series |
1.50% |
| 100% RRSP and TFSA eligible | Yes | | |  | | Fund Codes | Load Type | CAD$ | US$ | | Front End Sales Charge | EXL 104 | EXL 814 | | Deferred Sales Charge | EXL 204 | EXL 824 | | Low Load Sales Charge | EXL 304 | EXL 834 | | "F Series" | EXL 604 | n/a |
 View detailed listing of Fund Codes (PDF) Investment Strategy Excel Emerging Europe Fund is the first mutual fund in Canada to offer investors the opportunity to capitalize on the growing Eastern European markets. The investment objective of the Excel Emerging Europe Fund is to seek long-term capital appreciation by investing primarily in equity securities of companies located in or otherwise benefiting from the emerging markets of Europe. Such markets could include, but are not limited to, Russia, Turkey, Poland, Austria, Hungary, Romania, Slovakia, Czech Republic, Croatia, Estonia and Ukraine. Portfolio Advisors The portfolio advisor for the Excel Emerging Europe Fund is Baring Asset Management Limited ("Baring") based in London, England. Managing emerging market investment since 1975, Baring was among the first investment managers to capitalize on the investment opportunities situated in Emerging Europe. Baring's portfolio advisors apply a top-down country allocation and bottom-up stock selection process and utilize a dedicated team as part of a comprehensive four stage investment process involving: ideas generation, extensive research, portfolio construction and implementation. |