Scotia Global Asset Management honoured to be recognized at the 2025 LSEG Lipper Fund Awards

Scotia Global Asset Management (Scotia GAM) is proud to announce that it is the recipient of 11 awards across eight categories at the 2025 LSEG Lipper Fund Awards for delivering consistent, strong risk-adjusted performance across multiple categories and time periods. This includes Scotia ETFs winning a Group Award for the equity category. “These awards are a reflection of our teams’ continued focus on disciplined investment management and delivering long-term value for our clients,” said Neal Kerr, Head, Scotia Global Asset Management. “We’re honoured to see our Dynamic and ScotiaFunds recognized once again, reinforcing our commitment to excellence across all areas of our business.”

The winning individual funds and ETFs for the following periods ending July 31 2025, are:

Mutual Fund	Category	Period recognized	Portfolio Manager(s)	Fund count
Dynamic Power Balanced Fund Series FT	Canadian Equity Balanced	3 years	VISHAL PATEL, DEREK AMERY	47
Dynamic Ultra Short Term Bond Fund - Series F	Canadian Short Term Fixed Income	5 years	MARC-ANDRÉ GAUDREAU, ROGER ROULEAU, JEREMY LUCAS, OLIVIER MARQUIS	27
Dynamic Preferred Yield Class - Series F	Preferred Share Fixed Income	5 years	MARC-ANDRÉ GAUDREAU, ROGER ROULEAU, JEREMY LUCAS, OLIVIER MARQUIS	11
Dynamic Premium Balanced Private Pool Class - Series F	Tactical Balanced	3 years	DAMIAN HOANG, DEREK BASTIEN	49
Dynamic Premium Balanced Private Pool Class - Series F	Tactical Balanced	5 years	DAMIAN HOANG, DEREK BASTIEN	48
Dynamic Active Preferred Shares ETF	Preferred Share Fixed Income	3 years	MARC-ANDRÉ GAUDREAU, ROGER ROULEAU, JEREMY LUCAS, OLIVIER MARQUIS	18
Scotia Canadian Growth Fund - Series F	Canadian Focused Equity	5 years	VISHAL PATEL	60
Scotia U.S. $ Balanced Fund - Series F	Global Neutral Balanced	3 years	DEREK AMERY, DAMIAN HOANG, DEREK BASTIEN	203
Scotia Diversified Balanced Fund - Series F	Tactical Balanced	10 years	MARTIN GERBER	33
Scotia Nasdaq Index Fund - Series F	U.S. Equity	10 years	EMILIANO RABINOVICH	103

Series F versions of the Funds were awarded, with the exception of Dynamic Power Balanced Fund, which was Series FT.

*Scotia Diversified Balanced Fund is sub-advised by Connor, Clark & Lunn Investment Management Ltd.
**Scotia Nasdaq Index Fund is sub-advised by State Street Investment Management.

Performance for Dynamic Power Balanced Fund Series FT, for the period ended October 31, 2025 is as follows: 18.28% (1 year), 19.32% (3 year), 13.54% (5 year) and 7.93% since inception (July 29, 2010). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), 4 (10 years).

Performance for Dynamic Ultra Short Term Bond Fund Series F, for the period ended October 31, 2025 is as follows: 4.20% (1 year), 5.53% (3 year), 3.31% (5 year) and 2.38% since inception (September 9, 2013). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).

Performance for Dynamic Preferred Yield Class Series F, for the period ended October 31, 2025 is as follows: 21.08% (1 year), 15.62% (3 year), 13.30% (5 year) and 5.94% since inception (April 10, 2013). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).

Performance for Dynamic Premium Balanced Private Pool Class Series F, for the period ended October 31, 2025 is as follows: 23.24% (1 year), 19.63% (3 year), 14.39% (5 year) and 8.22% since inception (June 9, 2014). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).

Performance for Dynamic Active Preferred Shares ETF, for the period ended October 31, 2025 is as follows: 21.35% (1 year), 15.78% (3 year), 13.38% (5 year) and 7.67% since inception (January 20, 2017). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), N/A (10 years).

Performance for Scotia Canadian Growth Fund Series F, for the period ended October 31, 2025 is as follows: 19.46% (1 year), 24.50% (3 year), 18.72% (5 year) and 8.42% since inception (June 17, 2002). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), 2 (10 years).

Performance for Scotia U.S. $ Balanced Fund Series F, for the period ended October 31, 2025 is as follows: 23.97% (1 year), 19.08% (3 year), N/A% (5 year) and 12.48% since inception (March 8, 2022). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), N/A (5 years), N/A (10 years).

Performance for Scotia Diversified Balanced Fund Series F, for the period ended October 31, 2025 is as follows: 18.45% (1 year), 16.08% (3 year), 11.96% (5 year) and 6.85% since inception (May 23, 2001). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).

Performance for Scotia Nasdaq Index Fund Series F, for the period ended October 31, 2025 is as follows: 30.81% (1 year), 32.60% (3 year), 19.67% (5 year) and 20.73% since inception (May 27, 2010). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2025 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).

Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments including ETF's . Please read the prospectus before investing. Mutual funds and ETF's are not guaranteed, their values change frequently, and past performance may not be repeated. Series A units are available for purchase to all investors, while Series F units are only available to investors who participate in eligible fee-based or wrap programs with their registered dealers. Differences in performance between these series are primarily due to differences in management fees and fixed administration fees. Performance results for Series F units may also appear higher than for Series A units as the management fee does not include the trailing commission.

About Scotia Global Asset Management

Scotia Global Asset Management is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, actively managed ETFs, liquid alternative mutual funds and investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. Dynamic® is a registered trademark of The Bank of Nova Scotia, used under license by, and is a division of, 1832 Asset Management L.P.

About the LSEG Lipper Fund Awards

The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.