TORONTO, March 24, 2021 /CNW/ - CIBC (TSX: CM)
(NYSE: CM) – CIBC Asset Management Inc. today announced the
March 2021 cash distributions for
CIBC ETFs, which distribute monthly and quarterly.
Unitholders of record on March 31,
2021, will receive cash distributions payable on
April 6, 2021. Details of the final
"per unit" distribution amounts are as follows:
|
CIBC
ETF
|
TSX Ticker
Symbols
|
Cash Distribution
Per Unit ($)
|
|
CIBC Active
Investment Grade
Corporate Bond
ETF
|
CACB
|
$0.046
|
|
CIBC Active
Investment Grade
Floating Rate Bond
ETF
|
CAFR
|
$0.02
|
|
CIBC Flexible Yield
ETF (CAD-
Hedged)
|
CFLX
|
$0.055
|
|
CIBC Conservative
Fixed Income
Pool - ETF
series
|
CCNS
|
$0.053
|
|
CIBC Core Fixed
Income Pool -
ETF series
|
CCRE
|
$0.056
|
|
CIBC Core Plus Fixed
Income Pool
- ETF
series
|
CPLS
|
$0.059
|
|
CIBC Multifactor
Canadian Equity
ETF
|
CMCE
|
$0.065
|
|
CIBC Multifactor U.S.
Equity ETF
|
CMUE
|
$0.042
|
|
CIBC Multifactor U.S.
Equity ETF
(CAD-Hedged)
|
CMUE.F
|
$0.041
|
ETF Series of the CIBC Fixed Income Pools and CIBC ETFs are
managed by CIBC Asset Management Inc., a subsidiary of Canadian
Imperial Bank of Commerce. Commissions, management fees and
expenses all may be associated with investments in ETF Series of
the CIBC Fixed Income Pools or CIBC (ETFs). Please read the CIBC
Fixed Income Pools prospectus, CIBC ETFs 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 . Exchange traded
funds (ETFs) and ETF Series are not guaranteed, their values change
frequently and past performance may not be repeated. ETF Series of
the CIBC Fixed Income Pools and CIBC ETFs are offered by registered
dealers.
Certain trademarks of Canadian Imperial Bank of Commerce and/or
certain of its affiliates (collectively "CIBC") have been licensed
by CIBC Asset Management Inc. for use in connection with the CIBC
Multifactor Canadian Equity ETF and CIBC Multifactor U.S. Equity
ETF (the "CIBC Strategic Beta Equity ETFs"). The securities of the
CIBC Equity ETFs are not sponsored, promoted, sold or supported in
any other manner by CIBC or by the index calculation agent,
Solactive A.G. ("Solactive") nor do CIBC or Solactive offer any
express or implicit guarantee or assurance either with regard to
the results of using the Indices on which the CIBC Strategic Beta
Equity ETFs are based, or the index prices at any time or in any
other respect. The prospectus of the CIBC ETFs contains a more
detailed description of the limited relationship CIBC and Solactive
have with CIBC Asset Management Inc. and the CIBC Strategic Beta
Equity ETFs.
About CIBC
CIBC is a leading North American financial institution with 10
million personal banking, business, public sector and institutional
clients. Across Personal and Business Banking, Commercial Banking
and Wealth Management, and Capital Markets businesses, CIBC offers
a full range of advice, solutions and services through its leading
digital banking network, and locations across Canada with
offices in the United States and around the world.
Ongoing news releases and more information about CIBC can
be found at www.cibc.com/en/about-cibc/media-centre.html.
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 $153 billion in assets under
administration as of February
2021.
SOURCE CIBC