Scotia Private Client Group Launches Scotia Private Real Estate Income Pool

Scotia Private Client Group Launches Scotia Private Real Estate Income Pool 
TORONTO, Nov. 27, 2012 /CNW/ - Scotia Private Client Group today announced the 
launch of Scotia Private Real Estate Income Pool. The pool is offered as part 
of Scotia Private Client Group's Private Investment Counsel offering and is 
suitable for investors seeking income and long-term capital growth through 
exposure to the North American real estate market. 
"Scotia Private Client Group continues to strategically expand our product 
offerings to cater to the needs of high net worth investors," said Tuula 
Jalasjaa, Managing Director and Head, Private Client Investments at Scotia 
Private Client Group. "Scotia Private Real Estate Income Pool is well 
positioned for the current low interest rate environment, offering attractive 
yield potential with enhanced diversification and lower volatility." 
Scotia Private Real Estate Income Pool is managed by Oscar Belaiche, Vice 
President & Portfolio Manager, and co-managed by Tom Dicker, Portfolio 
Manager; both members of the award-winning Equity Income Team at GCIC Ltd. 
"Real estate investment trusts offer some of the better opportunities to 
weather a slowing global economy and dramatic market swings," said Mr. 
Belaiche, lead manager for the pool. "The key to REITs is that aging baby 
boomers need income in the current environment to fund retirement, and that 
will drive demand for companies with predictable cash flow regardless of 
whether there are concerns about the market." 
Scotia Private Real Estate Income Pool invests in a concentrated portfolio of 
North American equity securities, including REITs of businesses that own 
and/or operate a wide variety of real estate properties. The Equity Income 
team employs a Quality at a Reasonable Price (QUARP(®)) philosophy and uses 
strict due diligence measures in determining "best in class" businesses with 
solid balance sheets, dominant positions in their respective industry sector 
and management holding a significant equity stake. 
About Scotia Private Client Group 
Scotia Private Client Group helps affluent clients become financially better 
off by helping them build, preserve and transfer their wealth. Scotia Private 
Client Group creates integrated and personalized wealth management strategies 
that incorporate investment management, estate and trust services and private 
Scotia Private Client Group consists of private client services from The Bank 
of Nova Scotia, The Bank of Nova Scotia Trust Company, Scotia Asset Management 
L.P., Scotia Asset Management U.S. Inc., Scotia McLeod Financial Services 
Inc., WaterStreet Family Capital Counsel Inc., and ScotiaMcLeod, a division of 
Scotia Capital Inc. Scotia Capital Inc. is a member of the Canadian Investor 
Protection Fund and the Investment Industry Regulatory Organization of Canada. 
For more information, please visit 
About Scotia Asset Management 
Scotia Asset Management L.P. is wholly-owned, directly and indirectly, by The 
Bank of Nova Scotia and is a manager of investment solutions for private 
clients, institutional clients, managed asset programs and mutual funds. 
About Scotiabank 
Scotiabank is one of North America's premier financial institutions and 
Canada's most international bank. With more than 81,000 employees, Scotiabank 
and its affiliates serve some 19 million customers in more than 55 countries 
around the world. Scotiabank offers a broad range of products and services 
including personal, commercial, corporate and investment banking. With assets 
of $670 billion (as at July 31, 2012), Scotiabank trades on the Toronto (BNS) 
and New York Exchanges (BNS). For more information please visit 
Diana Hart Scotiabank P: 416-866-7238 
SOURCE: Scotiabank - Products & Services 
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CO: Scotiabank
ST: Ontario
-0- Nov/27/2012 15:00 GMT
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