Scotia INNOVA Balanced Income Portfolio Series A

1 SCOTIAFUNDSAs of November 30, 2018 Scotia INNOVA Balanced Income Portfolio - Series ACanadian Neutral BalancedInvestment ObjectiveThe Portfolio s objective is to achieve a balance ofcurrent Income and long term capital appreciation, witha bias towards Income . It invests primarily in adiversified mix of mutual funds, and/or equity securitiesand/or fixed Income securities located anywhere in for InvestingnExposure to a highly diverse range of opportunitiesprovides the potential for superior risk Portfolio is designed using an investmentprocess which is institutional in its detail and investment management through adiversified mix of Scotia Private Pools Rating LOWMEDIUMHIGHTime Horizon Medium-LongFUND ESSENTIALSI nception DateJanuary 20, Assets $mil2, Initial Inv.($)50, Additional Inv.($) % (as of 12/31/2017) $ FTSE TMX Canada UniverseBond Index, 16% S&P/TSXC omposite Index, 24% MSCI StructureCurrencyFundCodeANo LoadCADBNS331 TNo LoadCADBNS431 Portfolio Manager(s)Judith ChanJudith ChanJudith ChanJudith Chan 1832 Asset Management Asset Management 800 & Portfolio ANALYSISC ompound returns (%)1 Mth3 Mth6 Mth1 Yr3 Yr5 Yr10 Year Returns (%) ($/unit)YTD20172016201520142013201220112 01020092008 Total of $10,000$8,000 $10,000 $12,000 $14,000 $16,000 $18,000 Jan-09 Nov-18 Composition (%)

2 Fixed Canadian Foreign Holdings% AssetsFixed Canadian Income Private Canadian Corporate Bond Total Return Bond Private Floating Rate Income Private American Core-Plus Bond Private Short-Mid Government Bond Private High Yield Income AM North American Preferred Share Canadian Dividend AM Canadian Dividend Private Canadian Equity Private Canadian Small Cap Global Low Volatility Equity Low Volatility Equity Private International Equity Private Options Income AM Global Completion Dividend Growers (%)Canadian EquityCanadian Income -Focused Small Cap Core IncomeCore Fixed Fixed Rate Fixed Fixed Yield Fixed EquityForeign Low Volatility Specialty Core Income Focused Portfolio HoldingsEquity Funds10 Fixed Income Funds8 Other Funds0 Total Number of Mutual Funds18 SCOTIAFUNDSS cotia INNOVA Balanced Income Portfolio - Series ACanadian Neutral BalancedMANAGER BIOJ udith ChanManager Since October 1, 20121832 Asset Management Chan is Director, Portfolio Solutions - CanadianBanking at 1832 Asset Management With more than10 years in the investment industry, she currently managesall Scotia Portfolios which encompasses asset allocation,fund selection, fund due diligence, and the day-to-daymanagement of all portfolios.

3 In her previous role as SeniorManager, Investment Oversight, Judith was responsible forthe oversight of all investment products offered through1832 Asset Management , which involved performancemonitoring, Portfolio advisor due diligence and competitivefund positioning. Judith has a Bachelor of Economics fromSimon Fraser University in Vancouver British Columbia, andhas been a CFA Charterholder since 2006. Registered trademarks of The Bank of Nova Scotia , used under are managed by 1832 Asset Management , a limited partnership the general partner of which is wholly owned by The Bank of Nova Scotia . ScotiaFunds are availablethrough Scotia Securities Inc. and from other dealers and advisors, including ScotiaMcLeod and Scotia iTRADE which are divisions of Scotia Capital Inc. Scotia Securities Inc. and ScotiaCapital Inc. are wholly owned by The Bank of Nova Scotia .

4 Scotia Capital Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization prices are provided for information purposes only. All information pertains to Series A units of the fund unless stated otherwise. Units of the fund are only available for sale to residents ofCanada, unless the laws of a foreign jurisdiction permit sales to its residents. Please contact your financial advisor for more details. The contents of this document should not be considered anoffer to sell to, or a solicitation to buy mutual fund units from, any person in a jurisdiction where such offer or solicitation is considered MUTUAL FUND INFORMATIONC ommissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the prospectus beforeinvesting. Mutual funds are not guaranteed or insured by the Canada Deposit Insurance Corporation or any other government deposit insurer, theirvalues change frequently and past performance may not be repeated.

5 The indicated rates of return are the historical annual compounded total returnsincluding changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges orincomes taxes payable by any security holder that would have reduced Asset Management , as Manager of the ScotiaFunds, may compensate its staff and any appointed sub-distributor by regular payments based on the net asset value (NAV) of unitsheld by investors. For further details, please refer to the Simplified Prospectus.