I thought I should post this ScotiaBank disclaimer .

FROM MY Scotia Securities - Scotiabank statement

DISCLAIMER
Other items for your attention:
Scotia Mutual Funds are offered by Scotia Securities Inc., a corporate entity separate from, although wholly owned by, The Bank of Nova Scotia. Scotia Mutual Funds are NOT insured by the Canada Deposit Insurance Coporation, Regie de L'assurance-depots de Quebec, or by any other government deposit insurer and are not guaranteed by The Bank of Nova Scotia. Mutual fund values change frequently and past performance may not be repeated. Scotia Mutual Funds is a connected and related issuer of Scotia Securities Inc. Scotia Securities Inc acts as an agent in all Scotia Mutual Fund purchases and redemptions.

If you have any questions about your statement call our Customer Service Center at 416-750-3863 or 800-268-9269 or 800-387-5004

So... the point is... with this type of investment, you're not guaranteed. If Scotiabank loses your money.... your money is really lost!!