Scotia T-Bill Fund - Series A

Fund Details

Start Date	October 03, 1991
Instrument Type	Mutual Fund
Share Class	Commission Based Advice
Legal Status	Trust
Sales Status	Open
Currency	CAD
Distribution Frequency	Monthly
Assets ($mil)	-

Fund Codes

FundServ Code	Load Code	Sales Status
BNS358

Investment Objectives

The fund’s objective is to provide income and liquidity, while maintaining a high level of safety. It invests primarily in Government of Canada treasury bills and other short-term debt instruments guaranteed by the Government of Canada. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of unitholders called for that purpose.

Investment Strategy

The fund invests in securities with a maturity of up to one year. The fund’s investments will have a maximum 180 day average term to maturity and a maximum 90 day average term to maturity when calculated on the basis that the term of a floating rate obligation is the period remaining to the date of the next rate setting. The portfolio advisor uses interest rate and yield curve analysis to select individual investments and to manage the fund’s average term to maturity.

Portfolio Manager(s)

Name	Start Date
Romas Budd	10-03-1991

Management and Organization

Fund Manager	1832 Asset Management L.P.
Advisor	1832 Asset Management L.P.
Custodian	State Street Trust Company Canada
Registrar	1832 Asset Management L.P.
Distributor	Scotia Securities Inc.
Auditor	PriceWaterhouseCoopers LLP