Excel Funds Management Inc. announced Feb. 6 that it intends to merge the Excel Billionaire Leaders Fund and the Excel Latin America Fund into other funds. The assets of the first will be merged with Excel Blue Chip Equity Fund, and the second, with Excel Emerging Markets Fund.

Units of the funds are no longer offered for sale.

Special meeting in March

Unitholder approvals for the two dropped funds will be sought at special meetings at the end of March. Before these meetings take place, unitholders will receive a notice concerning all details for the mergers.

Excel Funds recommends unitholders of the funds consult their financial advisors on ways to sort out their investments depending on their individual circumstances.