TORONTO, May 23, 2023
/CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset
Management Inc. today announced the May
2023 cash distributions for CIBC ETFs and ETF Series of the
CIBC Fixed Income Pools, which distribute monthly.
Unitholders of record on May 31,
2023, will receive cash distributions payable on
June 5, 2023. 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
|
$0.054
|
|
CIBC Active Investment
Grade Floating Rate Bond ETF
|
CAFR
|
TSX
|
$0.070
|
|
CIBC Flexible Yield ETF
(CAD-Hedged)
|
CFLX
|
TSX
|
$0.079
|
|
CIBC Conservative Fixed
Income Pool ETF
|
CCNS
|
TSX
|
$0.041
|
|
CIBC Core Fixed Income
Pool ETF
|
CCRE
|
TSX
|
$0.045
|
|
CIBC Core Plus Fixed
Income Pool
|
CPLS
|
TSX
|
$0.044
|
|
CIBC Canadian Bond
Index ETF
|
CCBI
|
TSX
|
$0.040
|
|
Canadian Short-Term
Bond Index ETF
|
CSBI
|
TSX
|
$0.040
|
|
CIBC Global Bond
ex-Canada Index ETF (CAD-Hedged)
|
CGBI
|
TSX
|
$0.028
|
|
CIBC Sustainable
Canadian Core Plus Bond Fund
|
CSCP
|
NEO
|
$0.044
|
|
CIBC Qx Canadian Low
Volatility Dividend ETF
|
CQLC
|
NEO
|
$0.053
|
|
CIBC Qx U.S. Low
Volatility Dividend ETF
|
CQLU
|
NEO
|
$0.033
|
|
CIBC Qx International
Low Volatility Dividend ETF
|
CQLI
|
NEO
|
$0.057
|
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 13
million personal banking, business, public sector and institutional
clients. Across Personal and 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 April 2023.
SOURCE CIBC Asset Management Inc.