TORONTO, May 24, 2024
/CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset
Management Inc. today announced the May
2024 cash distributions for CIBC ETFs and ETF Series of the
CIBC Fixed Income Pools, which distribute monthly.
Unitholders of record on May 31,
2024, will receive cash distributions payable on
June 5, 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
|
$0.070
|
|
CIBC Active Investment
Grade Floating
Rate Bond ETF
|
CAFR
|
TSX
|
$0.076
|
|
CIBC Flexible Yield ETF
(CAD-Hedged)
|
CFLX
|
TSX
|
$0.082
|
|
CIBC Conservative Fixed
Income Pool
ETF
|
CCNS
|
TSX
|
$0.058
|
|
CIBC Core Fixed Income
Pool ETF
|
CCRE
|
TSX
|
$0.065
|
|
CIBC Core Plus Fixed
Income Pool
|
CPLS
|
TSX
|
$0.065
|
|
CIBC Canadian Short
Term Bond Index
ETF
|
CSBI
|
TSX
|
$0.044
|
|
CIBC Canadian Bond
Index ETF
|
CCBI
|
TSX
|
$0.042
|
|
CIBC Global Bond
ex-Canada Index ETF
(CAD-Hedged)
|
CGBI
|
TSX
|
$0.034
|
|
CIBC Sustainable
Canadian Core Plus
Bond Fund
|
CSCP
|
NEO
|
$0.050
|
|
CIBC Qx Canadian Low
Volatility
Dividend ETF
|
CQLC
|
NEO
|
$0.056
|
|
CIBC Qx U.S. Low
Volatility Dividend
ETF
|
CQLU
|
NEO
|
$0.037
|
|
CIBC Qx International
Low Volatility
Dividend ETF
|
CQLI
|
NEO
|
$0.040
|
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 http://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 April 2024.
SOURCE CIBC