Topic: How To Invest

Scotia Canadian Growth Fund $72.43

SCOTIA CANADIAN GROWTH FUND $72.43 (CWA Rating: Conservative) (Scotia Securities, 40 King Street West, 6th Floor, Toronto, Ontario M5H 1H1. 1-800-268-9 269; Website: www.scotiabank.com. No load — deal directly with the company.) uses fundamental analysis to identify what the managers see as investments that have the potential for above-average growth.

The $614.0 million Scotia Canadian Growth Fund’s 10 largest holdings are Manulife Financial, Suncor Energy, Royal Bank, TD Bank, Goldcorp, Nexen, Bank of Montreal, BCE Inc., Bank of Nova Scotia and Alcan.

Scotia Canadian Growth currently holds 31% of its portfolio in the Financial services industry. Its next-largest holding is Energy at 22%.

Over the last 10 years, Scotia Canadian Growth posted a 6.8% annual rate of return. That’s less than the S&P/TSX’s return of 10.1%. The fund gained 19.7% over the past year, compared to a gain of 22.7% for the S&P/TSX. Scotia Canadian Growth’s MER is 2.18%.

Scotia Canadian Growth Fund is a buy.

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