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CIBC Asset Management announces CIBC ETF cash distributions for March 2022

TORONTO, March 24, 2022 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the March 2022 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly and quarterly.

CIBC Logo (CNW Group/CIBC)

Unitholders of record on March 31, 2022, will receive cash distributions payable on April 5, 2022. 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

$0.052

CIBC Active Investment Grade Floating Rate Bond ETF

CAFR

TSX

$0.017

CIBC Flexible Yield ETF (CAD-Hedged)

CFLX

TSX

$0.061

CIBC Conservative Fixed Income Pool ETF

CCNS

TSX

$0.037

CIBC Core Fixed Income Pool ETF

CCRE

TSX

$0.043

CIBC Core Plus Fixed Income Pool

CPLS

TSX

$0.048

CIBC Canadian Bond Index ETF

CCBI

TSX

$0.043

CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)

CGBI

TSX

$0.028

CIBC Sustainable Canadian Core Plus Bond Fund

CSCP

NEO

$0.036

CIBC Qx Canadian Low Volatility Dividend ETF

CQLC

NEO

$0.050

CIBC Qx U.S. Low Volatility Dividend ETF

CQLU

NEO

$0.036

CIBC Qx International Low Volatility Dividend ETF

CQLI

NEO

$0.059

CIBC Multifactor Canadian Equity ETF

CMCE

TSX

$0.129

CIBC Multifactor U.S. Equity ETF

CMUE

TSX

$0.066

CIBC Multifactor U.S. Equity ETF Hedged

CMUE.F

TSX

$0.066

CIBC Canadian Equity Index ETF

CCEI

TSX

$0.132

CIBC U.S. Equity Index ETF

CUEI

TSX

$0.048

CIBC International Equity Index ETF

CIEI

TSX

$0.099

CIBC Sustainable Conservative Balanced Solution ETF

CSCB

NEO

$0.075

CIBC Sustainable Balanced Solution ETF

CSBA

NEO

$0.060

CIBC Sustainable Balanced Growth Solution ETF

CSBG

NEO

$0.045

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.

Certain trademarks of Canadian Imperial Bank of Commerce and/or certain of its affiliates (collectively "CIBC") have been licensed by CIBC Asset Management Inc. for use in connection with the CIBC Multifactor Canadian Equity ETF and CIBC Multifactor U.S. Equity ETF (the "CIBC Equity ETFs"). The securities of the CIBC Equity ETFs are not sponsored, promoted, sold or supported in any other manner by CIBC or by the index calculation agent, Solactive A.G. ("Solactive") nor do CIBC or Solactive offer any express or implicit guarantee or assurance either with regard to the results of using the Indices on which the CIBC Equity ETFs are based, or the index prices at any time or in any other respect. The prospectus of the CIBC ETFs contains a more detailed description of the limited relationship CIBC and Solactive have with CIBC Asset Management Inc. and the CIBC Equity ETFs.

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 Index™, and Morningstar® Emerging Markets Target Market Exposure 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 (CADHedged), CIBC Canadian Equity Index ETF, CIBC U.S. Equity Index ETF, 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 11 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 February 2022.

SOURCE CIBC

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2022/24/c7174.html