TORONTO, Jan. 24,
2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC
Asset Management Inc. today announced the January 2024 cash distributions for CIBC ETFs and
ETF Series of the CIBC Fixed Income Pools, which distribute
monthly.
Unitholders of record on January 31,
2024, will receive cash distributions payable on
February 5, 2024. Details of the
final "per unit" distribution amounts are as follows:
|
CIBC
ETF
|
Ticker
Symbols
|
Exchange
|
Cash
Distribution
Per Unit ($)
|
|
CIBC Active Investment
Grade Corporate Bond ETF
|
CACB
|
TSX
|
$0.067
|
|
CIBC Active Investment
Grade Floating Rate Bond ETF
|
CAFR
|
TSX
|
$0.085
|
|
CIBC Flexible Yield ETF
(CAD-Hedged)
|
CFLX
|
TSX
|
$0.086
|
|
CIBC Conservative Fixed
Income Pool ETF
|
CCNS
|
TSX
|
$0.063
|
|
CIBC Core Fixed Income
Pool ETF
|
CCRE
|
TSX
|
$0.091
|
|
CIBC Core Plus Fixed
Income Pool
|
CPLS
|
TSX
|
$0.083
|
|
CIBC Canadian Bond
Index ETF
|
CCBI
|
TSX
|
$0.047
|
|
CIBC Canadian Short
Term Bond Index
ETF
|
CSBI
|
TSX
|
$0.051
|
|
CIBC Global Bond
ex-Canada Index ETF (CAD-Hedged)
|
CGBI
|
TSX
|
$0.024
|
|
CIBC Sustainable
Canadian Core Plus Bond Fund
|
CSCP
|
NEO
|
$0.058
|
|
CIBC Qx Canadian Low
Volatility Dividend ETF
|
CQLC
|
NEO
|
$0.042
|
|
CIBC Qx U.S. Low
Volatility Dividend ETF
|
CQLU
|
NEO
|
$0.035
|
|
CIBC Qx International
Low Volatility Dividend ETF
|
CQLI
|
NEO
|
$0.060
|
CIBC ETFs and the ETF Series of CIBC Fixed Income Pools are
managed by CIBC Asset Management Inc., a subsidiary of Canadian
Imperial Bank of Commerce (CIBC) and are offered by registered
dealers. The ETF Series of CIBC Mutual Funds are managed by CIBC.
Commissions, management fees and expenses all may be associated
with investments in exchange traded funds (ETFs) and ETF series.
Please read the prospectus or ETF Facts document before investing.
To obtain a copy, call 1-888-888-3863, ask your advisor or visit
www.cibc.com/etfs. ETFs are not guaranteed, their values change
frequently and past performance may not be repeated. CIBC ETFs are
offered by registered dealers.
Morningstar® Canada Core Bond Index™ and Morningstar® Global
ex-Canada Core Bond Hedged CAD Index™, are trademarks or service
marks of Morningstar, Inc., and have been licensed for use for
certain purposes by CIBC Asset Management. CIBC Canadian Bond Index
ETF and CIBC Global Bond ex-Canada Index ETF (CAD Hedged), are not
sponsored, endorsed, sold or promoted by Morningstar, and
Morningstar makes no representation regarding the advisability of
investing in the CIBC Canadian Bond Index ETF and CIBC Global Bond
ex-Canada Index ETF (CAD-Hedged).
About CIBC
CIBC is a leading North American financial institution with 14
million personal banking, business, public sector and institutional
clients. Across Personal and Business Banking, Commercial Banking
and Wealth Management, and Capital Markets and Direct Financial
Services businesses, CIBC offers a full range of advice, solutions
and services through its leading digital banking network, and
locations across Canada, in the United States and around the world.
Ongoing news releases and more information about CIBC can be found
at www.cibc.com/ca/media-centre.
About CIBC Asset Management
CIBC Asset Management, Inc. (CAM), the asset management
subsidiary of CIBC, provides a range of high-quality investment
management services and solutions to retail and institutional
investors. CAM's offerings include: a comprehensive platform of
mutual funds, strategic managed portfolio solutions, discretionary
investment management services for high-net-worth individuals, and
institutional portfolio management. CAM is one of Canada's largest asset management firms, with
over $170 billion in assets under
administration as of December
2023.
SOURCE CIBC Asset Management Inc.