Scotia Global Asset Management is honoured to receive 13 awards at the 2021 Refinitiv Lipper Fund Awards

Performance for Dynamic Active Crossover Bond ETF for the period ended October 31, 2021 is as follows: 10.04% (1 year), 8.87% (3 years), and 6.34% (since inception January 2017). Performance for Dynamic Power Balanced Fund, Series FT, for the period ended October 31, 2021 is as follows: 26.11% (1 year), 15.36% (3 years), 9.64% (5 years), 7.78% (10 years), and 7.00% (since inception July 2010). Performance for Dynamic Power Global Balanced Class, Series F, for the period ended October 31, 2021 is as follows: 16.84% (1 year), 22.05% (3 years), 15.84% (5 years), 13.15% (10 years), and 10.79% (since inception June 2008). Performance for Dynamic Power Global Navigator Class, Series F, for the period ended October 31, 2021 is as follows: 37.81% (1 year), 37.18% (3 years), 25.77% (5 years), 18.33% (10 years), and 13.72% (since inception June 2008). Performance for Dynamic Precious Metals Fund, Series F, for the period ended October 31, 2021 is as follows: -10.42% (1 year), 26.45% (3 years), 9.85% (5 years), 2.99% (10 years), 6.33% (since inception January 2007). Performance for Dynamic U.S. Balanced Class, Series F, for the period ended October 31, 2021 is as follows: 21.83% (1 year), 18.54% (3 years), 15.08% (5 years), 11.87% (10 years), and 10.72 % (since inception March 2011).

 * Dynamic Active Crossover Bond ETF is managed by BlackRock Asset Management Canada Limited and invests in selected mutual funds managed by 1832 Asset Management L.P. (the Dynamic Fund(s)).

Performance for Scotia Canadian Small Cap Fund, Series F, is as follows: 49.25% (1 year), 32.19% (3 years), 17.08% (5 years), and 12.18% (since inception November 2014). Performance for Scotia Diversified Balanced Fund, Series F, is as follows: 22.28% (1 year), 12.29% (3 years), 9.19% (5 years), 8.97% (10 years), and 6.40% (since inception March 2001). Performance for Scotia Nasdaq Index Fund, Series F, is as follows: 32.75% (1 year), 28.68% (3 years), 24.63% (5 years), 23.32% (10 years), and 22.29% (since inception May 2010).

ScotiaFunds^® are managed by 1832 Asset Management L.P., a limited partnership the general partner of which is wholly owned by The Bank of Nova Scotia. ScotiaFunds are available through Scotia Securities Inc. and from other dealers and advisors. Scotia Securities Inc. is wholly owned by The Bank of Nova Scotia and is a member of the Canadian Investment Regulatory Organization. Dynamic Funds^® and Legitimately Active Management^® are registered trademarks of their owner, used under license, and a division of 1832 Asset Management L.P. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments, including ETFs. The indicated rates of return are the historical annual compound total returns including changes in unit values and reinvestment of all distributions does not take into account sales, redemption or option changes or income taxes payable by any security holder that would have reduced returns. Please read the prospectus before investing.  The indicated rates of return are the historical annual compound total returns including changes in unit values and reinvestment of all distributions, except that returns are cumulative for YTD and periods of less than one year.  These returns do not take into account sales, redemption or option changes or income taxes payable by any security holder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. DXB, DXC, DXF, DXG, DXO, DXP, DXU, DXV and DXZ are managed by BlackRock Asset Management Canada Limited and invest in selected mutual funds managed by 1832 Asset Management L.P. 

The 2021 Lipper Fund Awards were awarded to the following Funds and ETFs for the following periods ending July 31, 2021, with the following Fund count in each category: Dynamic Active Crossover Bond ETF – for the three-year period out of a total of 13 ETFs, Dynamic Power Balanced Fund, Series FT – for the three- and five-year periods out of a total of 58 and 57 funds respectively, Dynamic Power Global Balanced Class, Series F – for the five-year period out of a total of 148 funds, Dynamic Power Global Navigator Class, Series F – for the three-year period out of a total of 219 funds, Dynamic Precious Metals Fund, Series F – for the three- and five-year periods out of a total of 12 funds in both periods, Dynamic U.S. Balanced Class, Series F – for the three- and five-year periods out of a total of 145 and 132 funds respectively, Scotia Canadian Small Cap Fund, Series F – for the three- and five-year periods out of a total of 31 funds in both periods, Scotia Diversified Balanced Fund, Series F – for the 10-year period out of a total of 14 funds, Scotia Nasdaq Index Fund, Series F – for the five-year period out of a total of 136 funds.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.

Refinitiv Lipper Fund Awards, ©2021 Refinitiv. All rights reserved. Used under license.