Scotia Global Asset Management honoured to receive 41 awards at 2020 FundGrade A+® Awards

TORONTO,Jan. 22, 2021/CNW/ – Scotia Global Asset Management’s investment teams were recognized with 41 awards at the annual FundGrade A+ Awards. These awards are presented by Fundata Canada Inc. to investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance throughout the previous calendar year.

“We are incredibly honoured to receive these mutual fund and ETF awards and to be recognized for the consistently exceptional results our investment teams achieved across our business,” saidNeal Kerr, Head, Scotia Global Asset Management (Canada). “Scotia Global Asset Management’s purpose – to enrich our clients’ financial futures with outstanding investment solutions, delivered in partnership with comprehensive wealth advice – was more important than ever last year, and we are pleased to have delivered for clients across our multiple investment platforms.”Scotia Global Asset Management’s award-winning funds for 2020 are:

*Scotia Diversified Balanced Fund is sub-advised by Connor, Clark & Lunn Investment Management.** Dynamic Active ETFs (the Funds, or individually, the Fund) are managed by BlackRock Asset Management Canada Limited and invest in selected mutual funds managed by 1832 Asset Management L.P. (the Dynamic Fund(s)).About Scotia Global Asset ManagementScotia Global Asset Management is a business name used by 1832 Asset Management L.P., a limited partnership, the general partner of which is wholly owned by Scotiabank. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, and investment solutions for private clients, institutional clients and managed asset programs.About 1832 Asset Management L.P.1832 Asset Management offers a range of wealth management solutions, including mutual funds, and investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management is a limited partnership, the general partner of which is wholly owned by Scotiabank.About ScotiabankScotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, 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 a team of over 90,000 employees and assets of approximately$1.1 trillion(as atOctober 31, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visithttps://www.scotiabank.comand follow us on Twitter @ScotiabankViews.About the Fundata FundGrade A+®AwardsFundGrade A+®is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+®Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+®calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+®uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+®Award. For more information, seewww.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.For standard performance data of the funds listed above,click here. Commissions, trailing commissions, management fees and expenses all may be associated with investments in the funds and ETFs. Please read the prospectus before investing. The securities held by the ETFs can change at any time without notice. Investments in the funds and ETFs are not guaranteed; their values change frequently and past performance may not be repeated.

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