TORONTO, Sept. 23, 2019 /CNW/ - CIBC (TSX: CM)
(NYSE: CM) – CIBC Asset Management Inc. today announced the
September 2019 cash distributions for
CIBC ETFs, which distribute monthly and quarterly.
Unitholders of record on September 30,
2019, will receive cash distributions payable on
October 3, 2019. Details of the final
"per unit" distribution amounts are as follows:
|
CIBC
ETF
|
TSX Ticker
Symbols
|
Cash Distribution
Per Unit ($)
|
|
CIBC Active
Investment Grade
Floating Rate Bond ETF
|
CAFR
|
$0.031
|
|
CIBC Active
Investment Grade
Corporate Bond ETF
|
CACB
|
$0.047
|
|
CIBC Multifactor
Canadian Equity
ETF
|
CMCE
|
$0.10
|
|
CIBC Multifactor U.S.
Equity
ETF
|
CMUE
|
$0.05
|
|
CIBC Multifactor U.S.
Equity ETF
(CAD-Hedged)
|
CMUE.F
|
$0.05
|
|
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.
|
About CIBC
CIBC is a leading North American financial institution with 10
million personal banking, business, public sector and institutional
clients. Across Personal and Small 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/ca/media-centre.
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 $130 billion in assets under
administration as of May 2019.
SOURCE CIBC Asset Management Inc.
