Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

CIBC Asset Management announces CIBC ETF cash distributions for January 2024

T.CM, T.CACB, T.CAFR, T.CFLX, T.CCRE, T.CCNS, T.CPLS, T.CCBI, N.CQLC

TORONTO, Jan. 24, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the January 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly.

CIBC Logo (CNW Group/CIBC Asset Management Inc.)

Unitholders of record on January 31, 2024, will receive cash distributions payable on February 5, 2024. 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

$0.067

CIBC Active Investment Grade Floating Rate Bond ETF

CAFR

TSX

$0.085

CIBC Flexible Yield ETF (CAD-Hedged)

CFLX

TSX

$0.086

CIBC Conservative Fixed Income Pool ETF

CCNS

TSX

$0.063

CIBC Core Fixed Income Pool ETF

CCRE

TSX

$0.091

CIBC Core Plus Fixed Income Pool

CPLS

TSX

$0.083

CIBC Canadian Bond Index ETF

CCBI

TSX

$0.047

CIBC Canadian Short Term Bond Index ETF

CSBI

TSX

$0.051

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

CGBI

TSX

$0.024

CIBC Sustainable Canadian Core Plus Bond Fund

CSCP

NEO

$0.058

CIBC Qx Canadian Low Volatility Dividend ETF

CQLC

NEO

$0.042

CIBC Qx U.S. Low Volatility Dividend ETF

CQLU

NEO

$0.035

CIBC Qx International Low Volatility Dividend ETF

CQLI

NEO

$0.060

CIBC ETFs and the ETF Series of CIBC Fixed Income Pools are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce (CIBC) and are offered by registered dealers. The ETF Series of CIBC Mutual Funds are managed by CIBC. Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs) and ETF series. Please read the 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 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services 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 $170 billion in assets under administration as of December 2023.

SOURCE CIBC Asset Management Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2024/24/c1294.html