TORONTO, Dec. 20,
2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC
Asset Management Inc. today announced the December 2024 cash distributions for CIBC ETFs
and ETF Series of the CIBC Fixed Income Pools and CIBC Sustainable
Investment Solutions.
Unitholders of record on December 31,
2024, will receive cash distributions payable on
January 6, 2025. Details of the final
"per unit" distribution amounts are as follows:
CIBC
ETF
|
Ticker
Symbols
|
Exchange
|
Cash
Distribution
Per Unit ($)
|
CIBC Canadian Bond
Index ETF
|
CCBI
|
TSX
|
0.044
|
CIBC Global Bond
ex-Canada Index ETF (CAD-Hedged)
|
CGBI
|
TSX
|
0.043
|
CIBC Canadian Short
Term Bond Index ETF
|
CSBI
|
TSX
|
0.044
|
CIBC Canadian Equity
Index ETF
|
CCEI
|
TSX
|
0.098
|
CIBC U.S. Equity Index
ETF
|
CUEI
|
TSX
|
0.038
|
CIBC U.S. Equity Index
ETF (CAD-Hedged)
|
CUEH
|
TSX
|
1.150
|
CIBC International
Equity Index ETF (CAD-Hedged)
|
CIEH
|
TSX
|
2.283
|
CIBC International
Equity Index ETF
|
CIEI
|
TSX
|
0.033
|
CIBC Emerging Markets
Equity Index ETF
|
CEMI
|
TSX
|
0.427
|
CIBC Clean Energy Index
ETF
|
CCLN
|
CBOE
|
0.000
|
CIBC Qx Canadian Low
Volatility Dividend ETF
|
CQLC
|
CBOE
|
0.104
|
CIBC Qx U.S. Low
Volatility Dividend ETF
|
CQLU
|
CBOE
|
5.036
|
CIBC Qx International
Low Volatility Dividend ETF
|
CQLI
|
CBOE
|
3.326
|
CIBC Active Investment
Grade Floating Rate Bond ETF
|
CAFR
|
TSX
|
0.06
|
CIBC Active Investment
Grade Corporate Bond ETF
|
CACB
|
TSX
|
0.069
|
CIBC Flexible Yield ETF
(CAD-Hedged)
|
CFLX
|
TSX
|
0.175
|
CIBC Global Growth
ETF
|
CGLO
|
TSX
|
0.084
|
CIBC International
Equity ETF
|
CINT
|
TSX
|
0.247
|
ETF Series
|
|
|
|
CIBC Conservative Fixed
Income Pool – ETF Series
|
CCNS
|
TSX
|
0.047
|
CIBC Core Fixed Income
Pool – ETF Series
|
CCRE
|
TSX
|
0.049
|
CIBC Core Plus Fixed
Income Pool – ETF Series
|
CPLS
|
TSX
|
0.059
|
CIBC Sustainable
Canadian Core Plus Bond Fund – ETF Series
|
CSCP
|
CBOE
|
0.043
|
CIBC Sustainable
Conservative Balanced Solution – ETF Series
|
CSCB
|
CBOE
|
0.380
|
CIBC Sustainable
Balanced Solution – ETF Series
|
CSBA
|
CBOE
|
0.357
|
CIBC Sustainable
Balanced Growth Solution – ETF Series
|
CSBG
|
CBOE
|
0.231
|
CIBC Sustainable
Canadian Equity Fund – ETF Series
|
CSCE
|
CBOE
|
0.504
|
CIBC Sustainable Global
Equity Fund – ETF Series
|
CSGE
|
CBOE
|
0.000
|
CIBC 2025 Investment
Grade Bond Fund — ETF Series
|
CTBA
|
CBOE
|
$0.030
|
CIBC 2026 Investment
Grade Bond Fund — ETF Series
|
CTBB
|
CBOE
|
$0.025
|
CIBC 2027 Investment
Grade Bond Fund — ETF Series
|
CTBC
|
CBOE
|
$0.036
|
CIBC 2028 Investment
Grade Bond Fund — ETF Series
|
CTBD
|
CBOE
|
$0.035
|
CIBC 2029 Investment
Grade Bond Fund — ETF Series
|
CTBE
|
CBOE
|
$0.047
|
CIBC 2030 Investment
Grade Bond Fund — ETF Series
|
CTBF
|
CBOE
|
$0.042
|
CIBC 2025 U.S.
Investment Grade Bond Fund — ETF Series (USD)*
|
CTUC.U
|
CBOE
|
$0.021
|
CIBC 2026 U.S.
Investment Grade Bond Fund — ETF Series (USD)*
|
CTUD.U
|
CBOE
|
$0.027
|
CIBC 2027 U.S.
Investment Grade Bond Fund — ETF Series (USD)*
|
CTUE.U
|
CBOE
|
$0.032
|
* Cash distribution per
unit ($) amounts are USD for CTUC.U, CTUD.U, and CTUE.U
|
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™, 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.
CIBC Private Wealth Advisors, Inc. ("CIBC PWA") is the index
provider for the CIBC Atlas Clean Energy Select Index (the "Index")
and is an affiliate of CIBC Asset Management Inc. However,
CIBC PWA does not sponsor, endorse, sell or promote the CIBC Clean
Energy Index ETF and further makes no representation regarding the
advisability of investing in the CIBC Clean Energy Index ETF.
CIBC PWA does not offer any express or implicit guarantee or
assurance with regard to the results of using the Index on which
the CIBC Clean Energy Index ETF is based or the index prices at any
time or in any other respect, and will not be liable with respect
to the use or accuracy of the Index or any data included therein.
The CIBC ETF prospectus contains more details on the limited
relationship of CIBC PWA and CIBC Asset Management Inc. related to
the CIBC Clean Energy Index ETF.
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, 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 November
2024.
SOURCE CIBC