* Rate per annum. Only applicable during the period between the GIC purchase date and the GIC issue date. On the issue date, the interim interest earned is added to the initial investment amount and becomes the GIC issue amount, which is fully guaranteed.

** This is the rate at which the GIC issue amount (the principal amount initially invested plus any interim interest earned until the issue date) will participate in the performance of the stock market index option selected. It is not an annual rate or rate of return. There is no guaranteed rate of return.

The Scotia Stock-Indexed GIC (SIGIC) is non-redeemable. The GIC issue amount (the principal amount initially invested plus any interim interest earned until the issue date) and interest, if any, will be paid on the maturity date. Changes to the stock market index option selected will affect the amount of the potential interest payable. For SIGICs issued on or after November 20, 2007, potential interest is determined by the applicable participation rate. For SIGICs issued prior to November 20, 2007, potential interest is determined by the applicable maximum return. For more information on this GIC, the stock market index options, interest calculations and payments, please see the Fact Sheet