^TM Trademark of The Bank of Nova Scotia, used under license.

® Registered trademark of The Bank of Nova Scotia, used under license.

All performance information pertains to Class A units of the Funds.

Units of ScotiaFunds are only available for sale to residents of Canada, unless the laws of a foreign jurisdiction permit sales to its residents. Please contact your financial advisor for more details. The contents of this site should not be considered an offer to sell or a solicitation to buy mutual fund units to any person in a jurisdiction where such offer or solicitation is considered unlawful.

Important information about ScotiaFunds is contained in the Funds' Simplified Prospectuses, which should be read carefully before investing in ScotiaFunds.

Scotia Partners Portfolios^®, Scotia Selected^® Portfolios (formerly Scotia Selected^® Funds), and Scotia Vision^® Portfolios (formerly Scotia Vision™ Funds) are mutual funds that invest in third party mutual funds and/or other ScotiaFunds.

Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments.

ScotiaFunds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual funds are not covered by the Canada Deposit Insurance Corporation (CDIC) or by any other government deposit insurer.

For cash equivalent funds, the performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. There can be no assurances that the funds will be able to maintain their net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. For all other funds, the indicated rates of return are the historical annual compound total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns.

The "no-load" family of ScotiaFunds and copies of the Simplified Prospectuses are available from representatives of Scotia Securities Inc., the principal distributor, through Canadian branches of The Bank of Nova Scotia, National Trust, Montreal Trust and Scotiabank & Trust. ScotiaFunds are also available from ScotiaMcLeod Direct Investing™ and ScotiaMcLeod™, divisions of Scotia Capital Inc., which is a member of CIPF. Management fees and operating expenses are paid by each fund.

ScotiaFunds Advisor Class units and copies of the Simplified Prospectus are available form representatives of authorized dealers or brokers.

Scotia Securities Inc., as Manager of ScotiaFunds, may compensate its staff and any appointed sub-distributor by regular payments based on the net asset value (NAV) of units. For further details, please refer to the Simplified Prospectuses.

The performance of the Index funds is expected to be lower than the performance of their respective indices. Scotia CanAm Index Fund (formerly Scotia CanAm Stock Index Fund), Scotia Nasdaq Index Fund and Scotia International Index Fund (formerly Scotia International Stock Index Fund) track the performance of each of their respective indices primarily through the use of derivatives.

Prior to September 18, 2001, the portfolio advisor for Scotia Canadian Growth Fund was Montrusco Bolton Inc. and the portfolio advisor for Scotia Canadian Bond Index Fund, Scotia Canadian Index Fund (formerly Scotia Canadian Stock Index Fund), Scotia U.S. Index Fund (formerly Scotia American Stock Index Fund) and Scotia International Index Fund (formerly Scotia International Stock Index Fund) was Scotia Cassels Investment Counsel Limited.

On November 30, 2001, the investment objectives of Scotia Resource Fund (formerly Scotia Precious Metals Fund) were expanded to include investment in all resource based companies. The broader investment objectives could have had an effect on the performance of the fund during the performance measurement period.

Prior to March 1, 2002, the portfolio advisor for Scotia Canadian Bond Index Fund, Scotia Canadian Index Fund (formerly Scotia Canadian Stock Index Fund), Scotia U.S. Index Fund (formerly Scotia American Stock Index Fund) and Scotia International Index Fund (formerly Scotia International Stock Index Fund) was Barclays Global Investors Canada Limited.

Prior to March 17, 2003, the portfolio advisor for Scotia European Fund (formerly Scotia European Growth Fund), Scotia Latin American Fund (formerly Scotia Latin American Growth Fund) and Scotia Pacific Rim Fund (formerly Scotia Pacific Rim Growth Fund) was Scotia Cassels Investment Counsel Limited.

Prior to January 26, 2004, the portfolio advisor for Scotia Canadian Tactical Asset Allocation Fund (formerly Scotia Total Return Fund) and Scotia Global Growth Fund was Montrusco Bolton Investments Inc. Prior to February 19, 2007 the portfolio advisor for Scotia Global Growth Fund was Capital International Asset Management Canada, Inc.

Prior to June 26, 2005, the portfolio advisor for Scotia European Fund (formerly Scotia European Growth Fund) was Bank of Ireland Asset Management (U.S.) Limited.

On April 23, 2007, each of Scotia U.S. Value Fund (formerly Capital U.S. Large Companies Fund), Scotia International Value Fund (formerly Capital International Large Companies Fund), Scotia Global Opportunities Fund (formerly Capital Global Discovery Fund) and Scotia Global Small Cap Fund (formerly Capital Global Small Companies Fund) changed its investment objectives. These changes of investment objectives could have had an effect on the performance of these funds during the performance measurement period.

Prior to April 23, 2007, the portfolio advisor for Scotia U.S. Value Fund, Scotia International Value Fund, Scotia Global Opportunities Fund, and Scotia Global Small Cap Fund was Capital International Asset Management Canada, Inc.

Morningstar ratings (commonly referred to as "star ratings") are overall ratings reflecting the risk adjusted performance of a fund to its category peers. and are recalculated monthly. The ratings are calculated for funds with a minimum of 3 years of performance and represents a weighted combination of its three, five and ten year ratings, as applicable. The top 10% of the funds in a category receive 5 stars (high); if the funds fall in the next 22.5%, they receive 4 stars (above average); a place in the middle 35% earns a fund 3 stars (neutral or average); those in the next 22.5% receive 2 stars (below average); and the lowest 10% get 1 star (low). Ratings are just one factor to consider when investing. For more information about this rating, contact Morningstar Inc. at 1-800-531-4725 or go to www.morningstar.ca. The category average refers to the average of the CIFSC category to which the fund belongs.

E. & O.E.