Scotia Asset Management has appointed Goodman & Company, Investment Counsel as portfolio advisor change to Scotia US Value Fund, effective on or about December 31, 2010.

Goodman vice-president and portfolio manager David L. Fingold will manage the fund. There will be no change to the investment objective of the fund.

“A number of Goodman & Company mandates have been a part of our Partners Program since June 2008 so the strength of their investment capabilities is well known to us,” said Glen Gowland, CEO of Scotia Asset Management. “We are pleased to be able to extend this capability to Scotia US Value Fund unitholders.”