TORONTO, Nov. 25 /CNW/ - ScotiaFunds has introduced a Premium Class for
the Scotia Money Market Fund.
    "Scotia Money Market Fund is a low-risk mandate that provides investors
with a well diversified portfolio of high quality liquid holdings with a high
level of safety and convenience," said Glen Gowland, Managing Director and
Head of ScotiaFunds. "Creating Premium Class within the fund allows
unitholders with investable assets of greater than $100,000 to benefit from a
lower management fee resulting in a higher effective yield."
    The Scotia Money Market Fund's portfolio consists of high-quality,
short-term fixed income securities issued by Canadian governments and
corporations. Premium class investors will benefit from a lower management fee
set at 30 basis points. Premium Class units are available with a $100,000
minimum initial investment or $250,000 for RRIF accounts. Details and a
Simplified Prospectus are available through www.scotiafunds.com.
    ScotiaFunds is part of Scotia Securities Inc., a wholly-owned subsidiary
of Scotiabank.

    Scotiabank is one of North America's premier financial institutions and
Canada's most international bank. With more than 60,000 employees, Scotiabank
Group and its affiliates serve approximately 12.5 million customers in some 50
countries around the world. Scotiabank offers a diverse range of products and
services including personal, commercial, corporate and investment banking.
With $462 billion in assets (as at July 31, 2008), Scotiabank trades on the
Toronto (BNS) and New York Exchanges (BNS). For more information please visit
www.scotiabank.com.