The Globe and Mail reports in its Wednesday edition that another Canadian bank is preparing to enter the exchange-traded fund industry, with Bank of Nova Scotia planning the launch of a suite of its own Scotia-branded ETFs. The Globe's Clare O'Hara writes that the bank's asset-management division -- 1832 Asset Management LP -- has filed a preliminary prospectus with regulators for four ETFs: Scotia Strategic Fixed Income ETF Portfolio (SFIX); Scotia Strategic Canadian Equity ETF Portfolio (SCAD); Scotia Strategic U.S. Equity ETF Portfolio (SUSA); and Scotia Strategic International Equity ETF Portfolio (SINT). Management fees for the funds range from 0.50 per cent to 0.65 per cent. All four ETFs would follow a "fund of fund" investment strategy, whereby each ETF will consist of a portfolio made up of one or more underlying ETFs. Scotiabank did not disclose which underlying ETFs will be included. The fund of funds could incorporate a number of BlackRock or Dynamic-branded ETFs. BlackRock Asset Management Canada has been named a subadviser to the Scotia ETFs. Over the past year, Dynamic launched three more funds for a total of eight ETFs with $715-million in assets under management.