TSX NAVex Signs On Mutual Fund Provider - Toronto Stock Exchange's New Mutual Fund Solution Continues To Build On Industry Momentum

TSX NAVex, Toronto Stock Exchange's unique centralized mutual fund solution, today announced the addition of Excel Funds Management Inc. (Excel Funds) and its mutual fund strategies to the platform. Eight Excel Funds strategies, including its flagship Excel India Fund, the largest and longest-running India-focused mutual fund in Canada, are expected to be available on the platform in the coming weeks.

"As a founding member of the TSX NAVex Working Group, Excel Funds has been an important partner in developing a solution specifically tailored to meet the needs of the broader Canadian mutual fund industry," said Kevin Sampson, Managing Director, Equity Trading, TMX Group. "We are proud to include Excel Funds in the initial wave of TSX NAVex fund providers and look forward to welcoming the additional fund providers and dealers we are working with onto the platform as industry interest in TSX NAVex continues to grow."

TSX NAVex enables existing TSX participants to purchase and redeem eligible mutual funds directly from fund manufacturers in the same manner they access TSX-listed equities and Exchange Traded Funds. For more information, please visit http://www.tsx.com/tsx-navex.

For additional information on Excel Funds, please contact your financial advisor, or visit www.excelfunds.com.