Foreign Investments an Untapped Market for Many Canadians: Scotiabank Investment Poll

Foreign Investments an Untapped Market for Many Canadians: Scotiabank 
Investment Poll 
Four in ten Canadians name Asia as the continent with the greatest growth 
potential for investing outside of Canada 
TORONTO, Jan. 2, 2013 /CNW/ - While Canadians might be going into the New Year 
with a list of resolutions, something they aren't likely to have are foreign 
investments. According to the Scotiabank Investment Poll, one-quarter of 
Canadians with investments (28 per cent) hold foreign investments within their 
portfolio. 
When asked which countries outside of Canada offer the most growth potential 
for investing, 27 per cent of Canadians answered that they didn't know. 
"It's interesting that the number of Canadians holding foreign investments is 
so low given the size of the Canadian investment community," said Vincent 
Delisle, Managing Director of Portfolio Strategy at Scotiabank. "Depending on 
your financial goals, non-Canadian assets can be a great way to diversify and 
optimize investment portfolios." 
The top regions that people identified as having the greatest growth potential 
for investing outside of Canada were Asia (39 per cent), South America (15 per 
cent), United States (13 per cent), Mexico/Central America (8 per cent) and 
Europe (8 per cent). 
Men are more likely than women to identify Asia (52 per cent vs. 27 per cent), 
South America (22 per cent vs. 9 per cent), United States (16 per cent vs. 10 
per cent), and Mexico/Central America (12 per cent vs. 5 per cent) as regions 
offering the greatest potential growth for investing outside of Canada. 
"If Canadians are confused about which overseas opportunities they might want 
to invest in, we recommend visiting a financial advisor," said Keir Clark, 
Senior Wealth Advisor at ScotiaMcLeod. "You can gain the personalized advice 
about whether your financial portfolio would benefit from looking beyond our 
country." 
Men are more likely to hold foreign investments within their portfolio (32 per 
cent compared to 23 per cent of women). Younger Canadians (18-34) are the 
least likely age group to have foreign investments (16 per cent hold them). 
To get a second opinion on your investments, please visit a local Scotiabank 
near you, call the Scotiabank Investment Line at 1-800-953-7441 or visit 
Scotiabank.com. 
About the polling data
The 2012 Scotiabank Investment Poll was conducted online using Harris/Decima's 
proprietary panel. A total of 1,003 surveys were conducted from a random 
sample of panel members aged 18 years and over across Canada. The study was 
conducted from November 28th to December 13th, 2012. 
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. In December 
2012, Scotiabank became the first Canadian bank to be named Global Bank of the 
Year and Bank of the Year in the Americas by The Banker magazine, a Financial 
Times publication. With assets of $668 billion (as at October 31, 2012), 
Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more 
information please visit www.scotiabank.com. 
Background: 
Regional Breakdown 
Growth Potential for Investing Outside of Canada 
 ________________________________________________________________________
|                     |     |                            Region          |
|Countries with growth|     |____________________________________________|
|potential            |Total|Atlantic|Quebec|Ontario|Man/Sask|Alberta|BC |
|_____________________|_____|________|______|_______|________|_______|___|
|Asia                 |  39%|   41%  |  33% |   39% |   45%  |   38% |44%|
|_____________________|_____|________|______|_______|________|_______|___|
|South America        |  15%|   15%  |  11% |   18% |   15%  |   16% |13%|
|_____________________|_____|________|______|_______|________|_______|___|
|United States        |  13%|   17%  |  12% |   15% |   14%  |   8%  |11%|
|_____________________|_____|________|______|_______|________|_______|___|
|Europe               |   8%|   12%  |   9% |   7%  |    4%  |   4%  |9% |
|_____________________|_____|________|______|_______|________|_______|___|
|Mexico/CentralAmerica|   8%|   10%  |   8% |   9%  |   11%  |   6%  |5% |
|_____________________|_____|________|______|_______|________|_______|___|
|Russia               |   3%|    1%  |   2% |   3%  |    9%  |   6%  |1% |
|_____________________|_____|________|______|_______|________|_______|___|
|Other                |   3%|    4%  |   2% |   4%  |    2%  |   5%  |1% |
|_____________________|_____|________|______|_______|________|_______|___|
|None in particular   |  14%|    8%  |  15% |   12% |   12%  |   16% |19%|
|_____________________|_____|________|______|_______|________|_______|___|
|Don't know           |  27%|   33%  |  31% |   25% |   27%  |   24% |26%|
|_____________________|_____|________|______|_______|________|_______|___| 
Foreign Investments Within Portfolio 
 _________________________________________________________________
|Hold foreign  |     |                            Region          |
|investments in|     |____________________________________________|
|portfolio     |Total|Atlantic|Quebec|Ontario|Man/Sask|Alberta|BC |
|______________|_____|________|______|_______|________|_______|___|
|Yes           | 28% |     30%|  24% |   29% |   34%  |   26% |25%|
|______________|_____|________|______|_______|________|_______|___|
|No            | 65% |     63%|  68% |   64% |   58%  |   62% |68%|
|______________|_____|________|______|_______|________|_______|___| 
 
Diana Hart P: 416-866-7238 E:diana.hart@scotiabank.com 
SOURCE: Scotiabank - Products & Services 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/January2013/02/c3679.html 
CO: Scotiabank
ST: Ontario
NI: FIN ECOSURV  
-0- Jan/02/2013 11:30 GMT