TORONTO, Dec. 30, 2021 /CNW/ - CIBC (TSX: CM)
(NYSE: CM) – CIBC Asset Management Inc. today announced revisions
to December 2021 cash distributions
for certain CIBC ETFs, which distribute monthly.
Unitholders of record on December 31,
2021, will receive cash distributions payable on
January 6, 2022. Details of the final
"per unit" distribution amounts are as follows:
CIBC
ETF
|
Ticker
Symbols
|
Exchange
|
Cash
Distribution
Per Unit ($)
|
CIBC Active
Investment Grade Floating Rate Bond ETF
|
CAFR
|
TSX
|
$0.0150
|
CIBC Active
Investment Grade Corporate Bond ETF
|
CACB
|
TSX
|
$0.0420
|
CIBC Conservative
Fixed Income Pool
|
CCNS
|
TSX
|
$0.0350
|
CIBC Core Fixed
Income Pool
|
CCRE
|
TSX
|
$0.0350
|
CIBC Core Plus Fixed
Income Pool
|
CPLS
|
TSX
|
$0.0350
|
CIBC Flexible Yield
ETF (CAD-Hedged)
|
CFLX
|
TSX
|
$0.1772
|
CIBC Canadian Bond
Index ETF
|
CCBI
|
TSX
|
$0.0300
|
CIBC Global Bond
ex-Canada Index ETF (CAD-Hedged)
|
CGBI
|
TSX
|
$0.0370
|
CIBC Canadian Equity
Index ETF
|
CCEI
|
TSX
|
$0.0420
|
CIBC U.S. Equity
Index ETF
|
CUEI
|
TSX
|
$0.0170
|
CIBC International
Equity Index ETF
|
CIEI
|
TSX
|
$0.1976
|
CIBC Emerging Markets
Equity Index ETF
|
CEMI
|
TSX
|
$0.1172
|
CIBC Multifactor
Canadian Equity ETF*
|
CMCE
|
TSX
|
$0.1821
|
CIBC Multifactor U.S.
Equity ETF
|
CMUE
|
TSX
|
$0.0673
|
CIBC Multifactor U.S.
Equity ETF Hedge
|
CMUE.F
|
TSX
|
$0.0681
|
CIBC Global Growth
ETF
|
CGLO
|
TSX
|
$0.0341
|
CIBC International
Equity ETF
|
CINT
|
TSX
|
$0.1013
|
CIBC Sustainable
Canadian Core Plus Bond Fund
|
CSCP
|
NEO
|
$0.0550
|
CIBC Sustainable
Conservative Balanced Solution
|
CSCB
|
NEO
|
$0.0456
|
CIBC Sustainable
Balanced Solution
|
CSBA
|
NEO
|
$0.0115
|
CIBC Sustainable
Canadian Equity Fund
|
CSCE
|
NEO
|
$0.1160
|
CIBC Qx International
Low Volatility Dividend ETF*
|
CQLI
|
NEO
|
$0.4534
|
CIBC Qx U.S. Low
Volatility Dividend ETF*
|
CQLU
|
NEO
|
$1.4194
|
CIBC Qx Canadian Low
Volatility Dividend ETF*
|
CQLC
|
NEO
|
$0.1444
|
*Revised cash distributions
CIBC ETFs and ETF Series of the 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 the CIBC Sustainable Investment
Solutions are managed by CIBC and distributed by CIBC Securities
Inc. and CIBC Investor Services Inc., each wholly-owned
subsidiaries. Commissions, management fees and expenses all may be
associated with investments in exchange traded funds (ETFs). 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.
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 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 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 Equity ETFs.
Morningstar® Canada Core Bond Index™, Morningstar® Global
ex-Canada Core Bond Hedged CAD Index™, Morningstar® Canada Domestic
Index™, Morningstar® US Target Market Exposure Index™, Morningstar®
Developed Markets ex-North America Target Market Exposure Index™,
and Morningstar® Emerging Markets Target Market Exposure 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 Global Bond ex-Canada Index ETF
(CAD-Hedged), CIBC Canadian Equity Index ETF, CIBC U.S. Equity
Index ETF, CIBC International Equity Index ETF and CIBC Emerging
Markets Equity Index ETF (collectively, the CIBC Index ETFs) are
not sponsored, endorsed, sold or promoted by Morningstar, and
Morningstar makes no representation regarding the advisability of
investing in the CIBC Index ETFs.
About CIBC
CIBC is a leading North American financial institution with 11
million personal banking, business, public sector and institutional
clients. Across Personal and Small 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,
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 $170 billion in assets under
administration as of November
2021.
SOURCE CIBC