1SIT~ Scotia Canadian Large Cap Equity Index Tracker ETF

Summary of Investment Portfolio

As at March 31, 2021 The Summary of Investment Portfolio may change due to ongoing portfolio transactions. A quarterly portfolio update is available to the investor at no cost by calling 1-800-268-9269, or by visiting www.scotiafunds.com, 60 days after quarter end, except for December 31, which is the calendar year end, when they are available after 90 days. The total net asset value of the Fund as at March 31, 2021 was $7,767,508.

By Country / Region(1) % of net asset value† Top 25 Holdings % of net asset value†

Canada 97.3% Royal Bank of Canada 7.9% United States 2.4% Shopify Inc., Class “A” 7.3% Cash and Short Term Instruments (Bank Overdraft) 0.3% Toronto-Dominion Bank (The) 7.1% Canadian National Railway Company 4.9% By Industry(1)(2) % of net asset value† Bank of Nova Scotia, The 4.5% Financials 37.1% Enbridge Inc. 4.4% Energy 12.6% Bank of Montreal 3.4% Industrials 11.7% Brookfield Asset Management Inc., Class “A” 3.3% Information Technology 10.8% Canadian Pacific Railway Limited 3.1% Materials 9.9% Canadian Imperial Bank of Commerce 2.6% Communication Services 6.5% TC Energy Corporation 2.6% Consumer Discretionary 3.9% Manulife Financial Corporation 2.5% Consumer Staples 3.2% BCE Inc. 2.5% Utilities 2.9% Canadian Natural Resources Limited 2.1% Health Care 1.1% Barrick Gold Corporation 2.1% Cash and Short Term Instruments (Bank Overdraft) 0.3% Suncor Energy Inc. 1.9% Nutrien Ltd. 1.8% Sun Life Financial Inc. 1.8% Waste Connections, Inc. 1.7% Constellation Software Inc. 1.7% Alimentation Couche-Tard Inc., Class “B” Subordinated Voting 1.6% TELUS Corporation 1.5% Magna International Inc. 1.5% Franco-Nevada Corporation 1.4% National Bank of Canada 1.4%

(1) Excludes other net assets (liabilities) and derivatives. (2) Excludes bonds and debentures. † This refers to transactional net asset value.

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