March 13 2025

George Town, Cayman – Scotia Global Asset Management (SGAM) has announced the
launch of the Scotia Strategic Portfolios for investors seeking comprehensive and
convenient solutions to earning income and building wealth over the long-term.

The Strategic Portfolios comprise two (2) balanced funds that offer stability, income
generation, and the potential for capital appreciation through exposure to fixed income
and equity securities. The one-ticket solutions are designed to be a more cost-effective
approach to investing while maintaining all the benefits of diversification and strategic
asset allocation. The solutions invest across multiple asset classes, geographies and
sectors and are tailored to meet the needs of a wide range of investors. Managed by
SGAM’s Multi-Asset Management team in Toronto, clients gain from the expertise of
portfolio managers with an average 23 years’ investment experience.

Christopher Clarke, Director Asset Management, shared that, “Our world-class team
constructs and actively manages robust portfolio solutions aiming to enhance
investment outcomes for our clients over the long-term.” He added, “Clients benefit from
features such as income distribution and regular rebalancing without sacrificing easy
access to their funds.”

The Scotia Strategic Portfolios also offer a tactical asset allocation element which ensures
clients’ portfolios can adapt quickly to unexpected market changes”. And, in keeping with
international industry standards, full transparency of performance metrics is available in
a timely manner.

With strategic asset allocation and a diversified investment approach, investors can
capitalize on opportunities available in current market conditions while protecting
against ever-present risks. Clarke further added that, “with the diversified nature of the
fund, poor performance in any single area is mitigated significantly, reducing risk of loss
and providing for a more stable foundation for long-term capital growth”. Within the
Cayman market, the Strategic Balanced Portfolios are well differentiated from the current
suite of Funds available to retail investors in the local market.

The Scotia Strategic Portfolios were launched on January 31, 2025 with expert fund
managers led by Craig Maddock, CFA, VP & Senior Portfolio Manager & Head, Multi-Asset
Management Team. To find out more about the new Scotia Strategic Portfolios and how
to invest, please visit the website https://ky.scotiabank.com/personal/investing/mutual-
funds.html.

About Scotiabank
Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver
sustainable, profitable growth. Guided by our purpose: “for every future,” we help our
clients, their families and their communities achieve success through a broad range of
advice, products and services, including personal and commercial banking, wealth
management and private banking, corporate and investment banking, and capital
markets. With assets of approximately $1.4 trillion (as at January 31, 2025), Scotiabank is
one of the largest banks in North America by assets, and trades on the Toronto Stock
Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information,
please visit www.scotiabank.com and follow us on X @Scotiabank