Toronto-based Excel Funds Management Inc. has changed the distribution policy for both the A-class units and the F-class units of Excel Blue Chip Fund. As well, Excel has made some minor amendments to its fund lineup. Excel Blue Chip Fund now will distribute income monthly at a fixed rate of 4% of the series’ net asset value (on an annualized basis) rather than distributing income annually. In addition, Excel is offering a U.S.-dollar purchasing option on F-class units of Excel India Fund, Excel China Fund, Excel Capital Income Fund (previously known as Excel EM Capital Income Fund) and Excel High Income Fund (previously known as Excel EM High Income Fund).

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