TORONTO, July 24,
2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC
Asset Management Inc. today announced the July 2024 cash distributions for CIBC ETFs and
ETF Series of the CIBC Fixed Income Pools, which distribute
monthly.
Unitholders of record on July 31,
2024, will receive cash distributions payable on
August 6, 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
|
$0.073
|
|
CIBC Active
Investment Grade Floating Rate Bond ETF
|
CAFR
|
TSX
|
$0.074
|
|
CIBC Flexible Yield
ETF (CAD-Hedged)
|
CFLX
|
TSX
|
$0.083
|
|
CIBC Conservative
Fixed Income Pool ETF
|
CCNS
|
TSX
|
$0.058
|
|
CIBC Core Fixed
Income Pool ETF
|
CCRE
|
TSX
|
$0.061
|
|
CIBC Core Plus
Fixed Income Pool
|
CPLS
|
TSX
|
$0.066
|
|
CIBC Canadian Bond
Index ETF
|
CCBI
|
TSX
|
$0.043
|
|
CIBC Canadian Short
Term Bond Index ETF
|
CSBI
|
TSX
|
$0.045
|
|
CIBC Global Bond
ex-Canada Index ETF (CAD-Hedged)
|
CGBI
|
TSX
|
$0.035
|
|
CIBC Sustainable
Canadian Core Plus Bond Fund
|
CSCP
|
NEO
|
$0.054
|
|
CIBC Qx Canadian Low
Volatility Dividend ETF
|
CQLC
|
NEO
|
$0.059
|
|
CIBC Qx U.S. Low
Volatility Dividend ETF
|
CQLU
|
NEO
|
$0.038
|
|
CIBC Qx International
Low Volatility Dividend ETF
|
CQLI
|
NEO
|
$0.091
|
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 exchange traded funds (ETFs). Please read the 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. 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™, Morningstar Canada 1-5 Year 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, CIBC Canadian Short-Term 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, CIBC Canadian
Short-Term 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 https://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 $227
billion in assets under administration as of June 2024.
SOURCE Canadian Imperial Bank of Commerce