Scotia Global Balanced Fund Series A

1 SCOTIAFUNDSAs of February 28, 2018 Scotia Global Balanced fund - Series AGlobal Neutral BalancedInvestment ObjectiveThis fund aims to generate income and long termcapital growth. It primarily invests in a combination ofequity and fixed income securities from anywhere in for InvestingnBalanced approach using Global equities and fixedincome The fund employs a broad and flexibleapproach togenerate long-term growth and diversification The fund takes advantage ofthe broader and deeper equity and fixed incomemarkets outside of Canada. Portfolio volatility isexpected to be reduced by the diversification benefitof having both Canadian and on limiting downside risk A keen focus onlimiting downside risk through its Balanced butflexible investment fund also employsan active hedging strategy which benefits Canadianinvestors wanting to mitigate negative foreigncurrency Rating LOWMEDIUMHIGHTime Horizon Medium-LongFUND ESSENTIALSI nception DateAugust 27, Assets $ Initial Inv.

2 ($) Additional Inv.($) % (as of 6/30/2017) $ Barclays Credit Index(CAD Hedged)/60% MSCI WorldTotal Return Index (unhedged CAD)..SeriesLoad StructureCurrencyFundCodeANo LoadCADBNS311 DNo LoadCADBNS111 Portfolio Manager(s)Eric BennerEric BennerEric BennerEric Benner 1832 Asset Management Asset Management & PORTFOLIO ANALYSISC ompound returns (%)1 Mth3 Mth6 Mth1 Yr3 Yr5 Yr10 Year Returns (%) ($/unit)YTD20172016201520142013201220112 01020092008 Total of Capital (ROC) of $10,000$8,000 $10,000 $12,000 $14,000 $16,000 $18,000 Aug-10 Feb-18 Composition (%) Fixed Canadian International 10 Holdings% AssetsUS Treasury T/B REPO Treasury Sec Imperial Bank of Allocation (%)United States of Income Breakdown (%)Government investments (Cash & Other)

3 Backed Portfolio HoldingsStock Holdings52 Bond Holdings420 Other Holdings22 Total Number of Underlying Holdings494 SCOTIAFUNDSS cotia Global Balanced fund - Series AGlobal Neutral BalancedMANAGER BIOEric BennerManager Since August 15, 20161832 Asset Management Benner, joined 1832 Asset Management in 2016and has nearly 15 years of investment experience with afocus on Global equity portfolio management. His expertiselies in identifying quality companies within developedmarkets. Before joining the firm, Eric spent eight years withOMERS Capital Markets in progressive roles, including leadmanaging a multi-billion dollar Global Equity Incomeportfolio that he was instrumental in developing andlaunching.

4 Eric has also held progressive analyst andportfolio management roles at two other Canadianinstitutional pension managers. Eric holds a Bachelor ofCommerce Degree with Joint Honours in Economics andFinance from McGill University, a Masters of FinancialEconomics from the Rotman School of Management &Department of Economics at the University of Toronto, andis a CFA charterholder. 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.

5 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.