Strengthening Capital and Wealth Management Presentation
35
Global Wealth Management: Continuing Growth
Revenues (TEB)
($ millions)
603
549
119
111
Year-over-Year
• Wealth Management
1,096
120
260
Scotiabank
+ Gain from revaluation of original 18% stake in
DundeeWealth
+ Contribution from DundeeWealth
+ Organic growth in AUA / AUM
Insurance
+ Growth in fee revenues
716
•
484
438
Q2/10
Q1/11
Q2/11
Insurance
Wealth Management (represents
gain from revaluation of original
18% stake in DundeeWealth)
Quarter-over-Quarter
Wealth Management
+ DundeeWealth gain
+ Higher mutual fund fees
- DundeeWealth contribution offset by
acquisition costs
• Insurance
+ Growth in fee revenue
- Fewer days in quarter
Global Wealth Management: Key Metrics
Scotiabank
($ billions)
Q2/10 Q3/10 Q4/10 Q1/11
Q2/11
Assets Under Administration¹
186
185
195
203
280
Assets Under Management¹
51
52
54
57
107
Mutual Funds Market Share in
Canada vs. Schedule 1 Banks²
9.1%
9.2%
9.2%
9.3% 18.7%
(1) Prior periods restated to conform with current presentation
(2) Excludes Scotiabank's investments in DundeeWealth and CI, however beginning in
Q2/11, includes DundeeWealth. Source: IFIC
18View entire presentation