(February 14 – 10: 20 ET) – Excel Funds Management Inc. is launching a couple of new funds in time for the conclusion of RSP season. The Excel Innovation Fund will invest in the top 20-25 global technology companies worldwide. The fund is considered foreign content.
The Excel G3 RSP Fund will invest in the three most powerful economic regions in the world, the U.S., Japan, and Europe. Excel says, “Asset allocation will be determined based on the fundamentals of the regional economy and markets.”
Excel says that 80% of the fund’s assets will be indexed and 20% will be actively managed in the 100% RSP eligible fund.
-IE Staff