Gordon Pape calls Scotiabank
“A New Fund Powerhouse”

“More quality funds, by far, than any
other financial institution can offer.” |

“If you’re not already a Scotiabank |
_Rustomes, it’ S almost apie to make

22.21%
16.24% 6.23%
31.45% 19.54%

36.84% N/A.
21.16% «14.20%
19.51% 13.62%

19.95% (12.49% 13.66%
16.70% 13.50% “13. 68%

‘Scotia Securities 3

Make every yearcount.

_*Registered Trade-marks of The Bank of Nova Scotia. ™Trade-mark of Montreal Trust Company of Canada. Scotia Securities is a licensed user of these marks. Important information abo 3
Scotia Excelsior Funds is contained in the Funds’ simplified prospectus. Copies are available through all branches of The Bank of Nova Scotia, Montreal Trust, and Scotiabank and Trust, and sh uld be
read carefully before investing, Unit values (yields for income funds) and investment returns will fluctuate. The indicated rates of return are the historical annual compounded total returns including changes in
‘unit value and reinvestment of distributions as of January 31, 1996. Units of Scotia Excelsior Funds are not insured by the Canada Deposit Insurance Corporation, the Régie de Vassurance-dépéts du Québec:
or by. any other deposit insurer, and are not guaranteed by The Bank of Nova Scotia or Montreal Trust. Scotia Securities is a corporate entity separate from, though wholly owned by The Bank of Nova Scotia