Prospectus Supplement for Index Linked Notes slide image

Prospectus Supplement for Index Linked Notes

initial price, current price and return since inception), the performance of the Indices and any applicable early trading charges. The percentage change in the Index levels posted at www.investorsolutions.gbm.scotiabank.com will be calculated as if the date on which the information is provided is the maturity date of the specified Notes and does not reflect the resale price of such Notes prior to their maturity date. See "Secondary Market for Notes" in the Prospectus. Historical Index Level and Dividend Information The Bank may provide historical information relating to the levels of the Index or Indices to which the Notes are linked in the pricing supplement for such Notes. A purchaser should not take any such historical Index levels as an indication of future performance. The Bank cannot provide any assurance that the level of any Index will not decrease. A purchaser of Notes may receive little or no return on the Notes and the amounts payable on such Notes may be substantially less than the principal amount thereof. The Bank may provide information relating to historical dividend yields on an Index in the pricing supplement for the Notes. Such dividend yield information is for comparative purposes only and is not an indication of any future dividends that might be paid or payable on the securities comprising the Index. See “Risks Related to Notes Linked to AR Indices". Hypothetical Returns on the Notes The pricing supplement for the Notes may include a table, chart, hypothetical examples for illustrative purposes, or other explanation showing a hypothetical return for such Notes at maturity (or prior to maturity in the respect of Notes that are subject to an automatic call feature in favour of the Bank), based on a range of hypothetical Index levels and on various key assumptions shown in the pricing supplement. Any such information will be provided for purposes of illustration only and it should not be viewed as an indication or prediction of future investment results. Such information is intended merely to illustrate the impact of various hypothetical market levels of the Index or Indices on any valuation date as calculated in the manner described in the relevant pricing supplement and assuming all other variables remained constant. As shown in the applicable pricing supplement, the hypothetical amounts payable on the Notes may bear little or no relationship to the actual market value of the Notes on that date or at any other time, including any time a purchaser of the Notes may wish to sell such Notes. In addition, a purchaser should not view such hypothetical amounts as an indication of the possible financial return on an investment in the Notes, since the financial return will be affected by various factors including taxes, if applicable, that the hypothetical information does not take into account. Moreover, whatever the financial return on the Notes might be, it may bear little relation to, and may be much less than, the financial return that a purchaser might realize from an investment in the underlying interests comprising the Index directly. Various risk factors that may affect the market value of the Notes, and the unpredictable nature of that market value, are described under "Risk Factors" in the Prospectus, this product supplement and the relevant pricing supplement. Dealings in Underlying Interests The Bank and its affiliates may from time to time, in the course of their respective normal business operations, have dealings in the underlying interests which make up an Index or with issuers of such underlying interests and certain of their affiliates (including acting as an advisor on corporate transactions either directly or indirectly through affiliates who provide such services in their normal course of business), including through the extension of credit to, or by investing in, such entities. The Bank and its affiliates will act in the normal course of business in these circumstances and will not take into account the effect, if any, of such actions on Index levels or any amounts that may be payable on the Notes or the interests of purchasers of Notes generally. PROD-SUP-ILN-10
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