TORONTO, March 21,
2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) –
CIBC Asset Management Inc. today announced the March 2024 cash distributions for CIBC ETFs and
ETF Series of the CIBC Fixed Income Pools, which distribute monthly
and quarterly.
Unitholders of record on March 28,
2024, will receive cash distributions payable on
April 3, 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
|
$0.066
|
CIBC Active Investment
Grade Floating
Rate Bond ETF
|
CAFR
|
TSX
|
$0.077
|
CIBC Flexible Yield ETF
(CAD-Hedged)
|
CFLX
|
TSX
|
$0.085
|
CIBC Conservative Fixed
Income Pool
ETF
|
CCNS
|
TSX
|
$0.061
|
CIBC Core Fixed Income
Pool ETF
|
CCRE
|
TSX
|
$0.080
|
CIBC Core Plus Fixed
Income Pool
|
CPLS
|
TSX
|
$0.073
|
CIBC Canadian Bond
Index ETF
|
CCBI
|
TSX
|
$0.042
|
CIBC Canadian Short
Term Bond Index
ETF
|
CSBI
|
TSX
|
$0.043
|
CIBC Global Bond
ex-Canada Index ETF
(CAD-Hedged)
|
CGBI
|
TSX
|
$0.028
|
CIBC U.S. Equity Index
ETF
|
CUEI
|
TSX
|
$0.088
|
CIBC Canadian Equity
Index ETF
|
CCEI
|
TSX
|
$0.165
|
CIBC U.S. Equity Index
ETF (CAD-
Hedged)
|
CUEH
|
TSX
|
$0.025
|
CIBC International
Equity Index ETF
(CAD-Hedged)
|
CIEH
|
TSX
|
$0.020
|
CIBC International
Equity Index ETF
|
CIEI
|
TSX
|
$0.088
|
CIBC Sustainable
Canadian Core Plus
Bond Fund
|
CSCP
|
NEO
|
$0.048
|
CIBC Qx Canadian Low
Volatility
Dividend ETF
|
CQLC
|
NEO
|
$0.050
|
CIBC Qx U.S. Low
Volatility Dividend
ETF
|
CQLU
|
NEO
|
$0.033
|
CIBC Qx International
Low Volatility
Dividend ETF
|
CQLI
|
NEO
|
$0.025
|
CIBC Sustainable
Conservative Balanced
Solution – ETF Series
|
CSCB
|
NEO
|
$0.045
|
CIBC Sustainable
Balanced Solution –
ETF Series
|
CSBA
|
NEO
|
$0.006
|
CIBC Sustainable
Balanced Growth
Solution – ETF Series
|
CSBG
|
NEO
|
$0.006
|
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® 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 Hedged CAD Index™ , Morningstar® Developed Markets
ex-North America Target Market Exposure Index™ and
Morningstar® US Target Market Exposure 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 Global Bond ex Canada Index ETF
(CAD Hedged), CIBC Canadian Equity Index ETF, CIBC U.S. Equity
Index ETF, CIBC U.S. Equity Index ETF (CAD-Hedged), CIBC
International Equity Index ETF (CAD-Hedged) and CIBC International
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 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 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 February
2024.
SOURCE CIBC