TORONTO, July 22,
2022 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC
Asset Management Inc. today announced the July 2022 cash distributions for CIBC ETFs and
ETF Series of the CIBC Fixed Income Pools, which distribute
monthly.
Unitholders of record on July 29,
2022, will receive cash distributions payable on
August 4, 2022. Details of the final
"per unit" distribution amounts are as follows:
CIBCETF
|
Ticker
Symbols
|
Exchange
|
Cash Distribution
Per Unit ($)
|
CIBC Active Investment
Grade Corporate BondETF
|
CACB
|
TSX
|
$0.046
|
CIBC Active Investment
Grade Floating Rate BondETF
|
CAFR
|
TSX
|
$0.02
|
CIBC Flexible YieldETF
(CAD-Hedged)
|
CFLX
|
TSX
|
$0.045
|
CIBC Conservative Fixed
Income PoolETF
|
CCNS
|
TSX
|
$0.033
|
CIBC Core Fixed Income
PoolETF
|
CCRE
|
TSX
|
$0.037
|
CIBC Core Plus Fixed
Income Pool
|
CPLS
|
TSX
|
$0.038
|
CIBC Canadian Bond
IndexETF
|
CCBI
|
TSX
|
$0.040
|
CIBC Global Bond
ex-Canada IndexETF (CAD-Hedged)
|
CGBI
|
TSX
|
$0.022
|
CIBC Sustainable
Canadian Core Plus Bond Fund
|
CSCP
|
NEO
|
$0.037
|
CIBCQx Canadian Low
Volatility DividendETF
|
CQLC
|
NEO
|
$0.033
|
CIBCQx U.S. Low
Volatility DividendETF
|
CQLU
|
NEO
|
$0.015
|
CIBCQx International
Low Volatility DividendETF
|
CQLI
|
NEO
|
$0.037
|
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™ 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 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 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, with offices 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 $150 billion in assets under
administration as of June 2022.
SOURCE CIBC