New Commerce Split declares its monthly distribution of $0.03125 per share
($0.375 annually) for Class I Preferred shareholders. Distributions are payable
May 9, 2014 to shareholders on record as of April 30, 2014. The Class I
Preferred share dividends are paid at an annual rate of 7.50% based on the $5
notional issue price.


New Commerce Split invests in common shares of Canadian Imperial Bank of
Commerce, a Canadian financial institution.




Distribution Details:                                            
Class I Preferred Share (YCM.PR.A)   $0.03125                    
Ex-Dividend Date:                    April 28, 2014              
Record Date:                         April 30, 2014              
Payable Date:                        May 9, 2014                 



FOR FURTHER INFORMATION PLEASE CONTACT: 
New Commerce Split
Investor Relations
416-304-4443 or Toll Free:  1-877-4-Quadra (1-877-478-2372)
www.CommerceSplit.com
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