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Principal Protected Notes
Scotia Capital

BNS Beutel Goodman Equity Value Plus Deposit Notes (ROC), Series 1


Summary

Issuer: The Bank of Nova Scotia
Issue Date: May 14, 2008
Maturity Date: November 16, 2015 – 7.5 yr term
Principal Payment: 100% Principal repayment if held to maturity
Quarterly Principal Repayments:

Quarterly Partial Principal Repayments equal to 5.00% per annum (on Fund Account Value)

Variable Payment: Variable Return, if any, linked to the performance of the Portfolio (See for Variable Return Calculation for more details)
Portfolio:

The Portfolio is composed of the Beutel Goodman Canadian Equity Fund (60% of the Fund Account) and the Beutel Goodman Global Fund (40% of Fund Account)

Beutel Goodman Canadian Equity Fund: seeks long-term capital appreciation through investments in high quality, cash-flow generating stocks of Canadian issuers with a specialization in large cap stocks

Beutel Goodman Global Fund: seeks long-term enhancement of capital through investment in stocks and equity securities outside of Canada and uses bottom-up company research to target undervalued, high quality global companies with strong growth potential


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