TORONTO, Sept. 26, 2014 /CNW/ - CIBC Asset Management Inc. (CAM) advised
that it has corrected a typographical error in the Management Reports
of Fund Performance (MRFPs) for the CIBC Family of Managed Portfolios
for the period ended June 30, 2014. The amended reports replace the
original versions that were filed on SEDAR on August 29, 2014.
The MRFPs for the 10 CIBC Managed Portfolios have been amended to
correct the trading expense ratio in the Ratios and Supplemental Data
table in the Financial Highlights section, which was incorrectly
overstated in the original versions. No other changes were made to the
documents.
The CIBC Family of Managed Portfolios includes: CIBC Managed Income
Portfolio, CIBC Managed Income Plus Portfolio, CIBC Managed Balanced
Portfolio, CIBC Managed Monthly Income Balanced Portfolio, CIBC Managed
Balanced Growth Portfolio, CIBC Managed Growth Portfolio, CIBC Managed
Aggressive Growth Portfolio, CIBC U.S. Dollar Managed Income Portfolio,
CIBC U.S. Dollar Managed Balanced Portfolio, and CIBC U.S. Dollar
Managed Growth Portfolio.
Copies of the MRFPs are available through SEDAR at www.sedar.com and CIBC's website at www.cibc.com/mutualfunds.
About CIBC Asset Management
CIBC Asset Management (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 $100
billion in assets under management as of June 30, 2014.
SOURCE Canadian Imperial Bank of Commerce
Media contact: Caroline Van Hasselt, Director, External Communications and Media Relations, at 416-784-6699 or e-mail: caroline.vanhasselt@cibc.com.
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