Scotia Canadian Bond Index Fund Series A

1 SCOTIAFUNDSAs of December 31, 2018 Scotia Canadian bond Index fund - Series ACanadian Fixed IncomeInvestment ObjectiveThe fund 's objective is to provide a high level of regularinterest income and modest capital gains by trackingthe performance of a generally recognized Canadianbond Index , currently the FTSE TMX Canada UniverseBond Index . It invests primarily in: bonds and treasury bills issued by Canadianfederal, provincial and municipal governments andCanadian corporations. money market instruments issued by Canadiancorporations, including commercial paper andbankers' for InvestingnOffers fully invested exposure to the Canadian fixedincome participation in Canadian bond markets bytracking the performance of the broad-basedCanadian bond efficient investment to gain broad Canadianbond market Rating LOWMEDIUMHIGHTime Horizon Medium-LongFUND ESSENTIALSI nception DateNovember 8, Assets $ Initial Inv.

2 ($) Additional Inv.($) % (as of 12/31/2017) $ TMX Canada Universe StructureCurrencyFundCodeANo LoadCADBNS386 DNo LoadCADBNS186 FNo LoadCADBNS586 Portfolio Manager(s)Christian Hoffmann, CFAC hristian Hoffmann, CFAC hristian Hoffmann, CFAC hristian Hoffmann, CFA State Street Global Advisors, Asset Management & PORTFOLIO ANALYSISC ompound returns (%)1 Mth3 Mth6 Mth1 Yr2 Yr3 Yr5 Yr10 Year Returns (%) ($/unit)YTD20172016201520142013201220112 01020092008 Total of $10,000$8,000 $13,000 $18,000 $23,000 Nov-99 Dec-18 Composition (%) Fixed Quality* (%)High (AAA, AA) (A, BBB) (BB - C) Maturity (years) Duration (years) 10 Holdings% AssetsCanada Government Government Government Housing Trust Government Government 4% Government of Ontario Government Government Allocation (%) States of Income Breakdown (%)Government investments (Cash & Other) Backed Backed Portfolio HoldingsStock Holdings0 bond Holdings1,220 Other Holdings13 Total Number of Underlying Holdings1,233*Ratings are statements of opinion and are not statements of fact or recommendations to purchase, hold or sell securities.

3 They do not address the market value of securities or thesuitability of securities for investment purposes, and should not be relied on as investment advice. Neither Standard & Poor s nor any of its affiliates shall be liable for any direct, indirect,incidental, exemplary, compensatory, punitive, special or consequential damages, legal fees, or losses (including lost income or profits and opportunity costs or losses caused bynegligence) in connection with any credit Canadian bond Index fund - Series ACanadian Fixed IncomeMANAGER BIOC hristian Hoffmann, CFAM anager Since May 29, 2013 State Street Global Advisors, is a Principal of State Street Global Advisors, a Portfolio Manager on the Canadian Fixed Incometeam.

4 He made the move from the Operations departmentof SSgA Canada, where he began working in 2004. Prior tothis, Christian worked for FRI Corporation, a financialresearch vendor, specializing in Asian fixed incomesecurities. Christian graduated from McGill University inApril 2004 with a Bachelor of Commerce in Finance andhas earned the right to use the Chartered Financial Analyst(CFA) designation. He is a member of the Montreal CFAsociety. 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.

5 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 . 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.

6 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. 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.

7 For further details, please refer to the Simplified Prospectus.