* For details, including how to qualify, visit www.scotiaitrade.com. Fees for U.S. transactions are charged in U.S. dollars. Market and ECN fees for trades executed using the Scotia iTRADE Pro^TM platform not included. Conditions apply.

** Refers to Scotia iTRADE’s brokerage commission for online trade execution only. Does not take into account fees, charges, expenses or commissions imposed by the fund companies, all of which can be associated with ETF investments. You should carefully consider the fund’s investment objectives, risks, fees, charges, expenses and commissions before investing. The prospectus contains this and other important information about the fund. Please read the prospectus carefully before investing. Funds are not guaranteed, their values change frequently and past performance may not be repeated. For a list of ETFs eligible for our “commission-free” offer (“Eligible ETFs”), click here. In order to qualify, trades of Eligible ETFs must be placed online or via Teletrader. You will be charged our regular equity commission (from $6.99, $9.99, or $19.99 +0.02/share) depending on the pricing tier for which you qualify – see online fee schedule) on the sale of any Eligible ETFs held for less than 1 business day. Broker-assisted trades are subject to a fee of $45.00. List of Eligible ETFs is subject to change without notice. Scotia iTRADE reserves the right to modify or cancel this offer at any time without notice.

¹This advertisement has been paid for in part by Claymore Investments, Inc Scotia iTRADE does not provide investment advice or recommendations and you are responsible for your own investment decisions and any losses that may result. This offer is not and should not be construed as investment advice or a recommendation to buy, sell or hold any particular security or to follow any particular investment strategy. No ETF product, or any information provided by or available through Claymore or any other ETF provider, has been endorsed, validated or approved by Scotia Capital Inc. or its affiliates, and neither Scotia Capital Inc. nor any of its affiliates is responsible or liable therefore, or for any third party products, opinions, information or prospectus content.

^®*The Claymore name and logo are registered trademarks of, and are used with the permission of, Guggenheim Funds Distributors, Inc.

² Only trades in securities in the U.S.-Friendly RRSP account will be given this preferential foreign exchange rate. Cash transactions in the account involving the conversion to Canadian dollars of U.S. dollars deposited into these accounts (including U.S. dollar denominated dividends and interest) will be subject to the applicable retail foreign exchange spread charged by Scotia iTRADE at that time.

For more information on foreign exchange transactions, visit Our Fees, under the heading “Fees Charged for Foreign Currency Transactions” and our Help Centre, under the heading "Converting Funds Between Currencies".

^†$1 per $1,000 Face Value ($19.99 minimum, $250 maximum). Pricing applies to secondary market trades conducted online through Scotia iTRADE only. Minimum commission of $19.99 applies to each trade. Add $45.00 for broker-assisted trades. Foreign exchange fees will be applied to trades involving securities that are denominated in a currency other than the currency of the account in which the trade is placed. Please visit www.scotiaitrade.com, “Help Centre - Converting Funds between Currencies”, for more information.

³ Neither Scotia Capital Inc. nor any of its affiliates accepts any liability whatsoever for any investment loss arising from any use of the research reports available through the Analyst Research Centre, for any seminars or webinars, or for any third parties or third party research, products, services or content. Scotia iTRADE does not provide investment advice. You should consult with your own advisors. Scotia Capital research is provided by a subsidiary of The Bank of Nova Scotia, Scotia Capital Inc. Except for Scotia Capital research and unless otherwise expressly stated by Scotia iTRADE, all research, seminars and webinars are provided by unrelated third parties.

Scotia iTRADE^® (Order-Execution Only Accounts) is a division of Scotia Capital Inc. (“SCI”). SCI is a member of the Canadian Investor Protection Fund.
TM Trademark of The Bank of Nova Scotia. Used under license.
® Registered trademark of The Bank of Nova Scotia. Used under license.

TradeFreedom is a service of Scotia Direct Investing, a division of Scotia Capital Inc., Member – Canadian Investor Protection Fund. Scotia Direct Investing does not provide investment advice or recommendations and investors are responsible for their own investment decisions. TradeFreedom is a registered trademark of The Bank of Nova Scotia and is used under license. © Copyright Scotia Capital Inc. All Rights Reserved.