(December 19 – 10:15 ET) – Bank of Nova Scotia is launching 10 new foreign equity mutual funds managed by Capital International Asset Management Canada, Inc., part of the Capital Group.

Scotiabank will offer two funds focused specifically on U.S. markets: the Capital US Small Companies Fund and the Capital US Large Companies Fund.

The Capital International Large Companies Fund will invest in a wide array of large, industry leading companies based outside of North America.

The Capital Global Small Companies Fund will invest in carefully selected companies from around the world with market values between $75 million and $2.25 billion.

The Capital Global Discovery Fund will invest in a wide range of companies operating in the high tech and information sectors.

Each fund comes in both RSP-eligible and plain vanilla versions.

The new funds will be available through Scotiabank branches, over the phone, on the Web, through ScotiaMcLeod and through independent brokers and dealers.

“With 97% of the world’s investment opportunities outside of Canada, diversifying your portfolio is key to successful investing. That’s why Scotiabank has joined forces with a world leader in global money management to provide our customers with access to international markets and industries,” said Karen Fisher, president and CEO of Scotia Securities Inc. “We are confident that Capital International’s experience in investing in a wide range of industries and companies around the world will be a great asset to our customers.”