Scotia Asset Management L.P. Announces Portfolio Advisor Changes

TORONTO, Jan. 24, 2013 /CNW/ - Scotia Asset Management L.P. today announced 
portfolio advisor changes to Scotia Private Income Pool and Scotia Private 
U.S. Mid Cap Growth Pool. 
Effective on or about April 22, 2013, Beutel Goodman & Company Ltd. ("Beutel 
Goodman") is scheduled to become portfolio advisor for Scotia Private Income 
Pool, replacing the current portfolio advisor. Founded in 1967, Beutel Goodman 
specializes in applying a value approach to the management of Canadian and 
non-domestic equities in addition to managing global equity, balanced and 
fixed income mandates. The firm's core fixed income style is active and 
seeks to add value through management of duration, yield curve and credit 
risk. Beutel Goodman is based in Toronto, serves both institutional and 
individual investors, and manages approximately $31 billion in assets as at 
September 30, 2012. 
Effective on or about April 22, 2013, William Blair & Company L.L.C. ("William 
Blair") is scheduled to become portfolio advisor for Scotia Private U.S. Mid 
Cap Growth Pool, replacing the current portfolio advisor. Founded in 1935, 
William Blair is a global investment banking and asset management firm with 
approximately $47 billion in assets under management as of September 30, 2012. 
The firm manages money for institutional, private and mutual fund investors 
across geographies and asset classes, drawing on an investment-centric 
culture, deep intellectual capital and disciplined research processes. An 
independent and employee-owned firm, William Blair is based in Chicago and has 
offices on four continents. Partnership-focused, we are committed to 
delivering a disciplined, fundamental, research-driven approach to investing 
to create long-term sustainable value with proven, actively managed investment 
Scotia Asset Management L.P.'s manager selection process leverages the global 
research capabilities of investment management consultantconsultant, NT Global 
Advisors, Inc. a Northern Trust Corporation affiliate, in identifying and 
evaluating best in class investment managers for Scotia Private Pools. Beutel 
Goodman and William Blair's strong track record and proven team of investment 
professionals joins an already strong lineup of portfolio advisors to the 
Scotia Private Pools. 
There will be no change to the investment objective of Scotia Private Income 
Pool or Scotia Private U.S. Mid Cap Growth Pool as a result of the portfolio 
advisor changes. 
Scotia Private Pools are a family of investment pools offered and managed by 
Scotia Asset Management L.P. They are available through ScotiaMcLeod, a 
division of Scotia Capital Inc., a wholly-owned subsidiary of, and separate 
entity from, Scotiabank, and Scotia Private Client Group. Scotia Private 
Client Group consists of private client services from Scotiabank, 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. Scotia Capital Inc. is a member 
of the Canadian Investor Protection Fund and the Investment Industry 
Regulatory Organization of Canada. 
Commissions, trailing commissions, management fees and expenses all may be 
associated with mutual fund investments. Please read the simplified prospectus 
before investing. Mutual funds are not guaranteed, their values change 
frequently and past performance may not be repeated. 
About Scotia Asset Management 
Scotia Asset Management L.P. is wholly-owned, directly and indirectly, by 
Scotiabank 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. 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 
This press release contains forward-looking information. The forward-looking 
information contained in this press release is not historical information but 
reflects the Fund's current intentions or expectations regarding future 
events. The forward looking information is subject to risks, uncertainties and 
other factors that could influence actual events and cause them to differ 
materially from current intentions or expectations. The forward-looking 
information contained in this press release constitutes the current intention 
of Scotia Asset Management L.P. and the funds, as of the date of this press 
release, with respect to the matters covered hereby. Investors and others 
should not assume that any forward-looking information contained in this press 
release represents the an intention as of any date other than the date of this 
press release and are cautioned not to place undue reliance on such 
information due to the inherent uncertainty therein. Except where required by 
under applicable securities legislation, Scotia Asset Management L.P. and the 
funds do not undertake to update any forward looking information. 
For media inquiries: Diana Hart P: 416 866 7238 
SOURCE: Scotiabank - Products & Services 
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CO: Scotiabank
ST: Ontario
-0- Jan/24/2013 17:00 GMT
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