Press Release: CIBC Asset Management announces CIBC ETF cash distributions for November 2024

Dow Jones2024-11-22

CIBC Asset Management announces CIBC ETF cash distributions for November 2024

Canada NewsWire

TORONTO, Nov. 22, 2024

TORONTO, Nov. 22, 2024 /CNW/ - CIBC (TSX: CM) $(CM)$ -- CIBC Asset Management Inc. today announced the November 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly.

Unitholders of record on November 29, 2024, will receive cash distributions payable on December 4, 2024. Details of the final "per unit" distribution amounts are as follows:

 
CIBC ETF                               Ticker     Exchange   Cash Distribution 
                                        Symbols               Per Unit ($) 
CIBC Active Investment Grade 
 Corporate Bond ETF                    CACB       TSX                   $0.077 
CIBC Active Investment Grade Floating 
 Rate Bond ETF                         CAFR       TSX                   $0.071 
CIBC Flexible Yield ETF (CAD-Hedged)   CFLX       TSX                   $0.078 
CIBC Conservative Fixed Income Pool 
 ETF                                   CCNS       TSX                   $0.057 
CIBC Core Fixed Income Pool ETF        CCRE       TSX                   $0.061 
CIBC Core Plus Fixed Income Pool       CPLS       TSX                   $0.066 
CIBC Canadian Bond Index ETF           CCBI       TSX                   $0.044 
CIBC Canadian Short Term Bond Index 
 ETF                                   CSBI       TSX                   $0.046 
CIBC Global Bond ex-Canada Index ETF 
 (CAD-Hedged)                          CGBI       TSX                   $0.043 
CIBC Sustainable Canadian Core Plus 
 Bond Fund                             CSCP       NEO                   $0.068 
CIBC Qx Canadian Low Volatility 
 Dividend ETF                          CQLC       NEO                   $0.066 
CIBC Qx U.S. Low Volatility Dividend 
 ETF                                   CQLU       NEO                   $0.039 
CIBC Qx International Low Volatility 
 Dividend ETF                          CQLI       NEO                   $0.062 
CIBC 2025 Investment Grade Bond Fund 
 -- ETF Series                         CTBA       CBOE                  $0.030 
CIBC 2026 Investment Grade Bond Fund 
 -- ETF Series                         CTBB       CBOE                  $0.025 
CIBC 2027 Investment Grade Bond Fund 
 -- ETF Series                         CTBC       CBOE                  $0.036 
CIBC 2028 Investment Grade Bond Fund 
 -- ETF Series                         CTBD       CBOE                  $0.035 
CIBC 2029 Investment Grade Bond Fund 
 -- ETF Series                         CTBE       CBOE                  $0.047 
CIBC 2030 Investment Grade Bond Fund 
 -- ETF Series                         CTBF       CBOE                  $0.042 
CIBC 2025 U.S. Investment Grade Bond 
 Fund -- ETF Series 
 $(USD)$*                                CTUC.U     CBOE                  $0.021 
CIBC 2026 U.S. Investment Grade Bond 
 Fund -- ETF Series 
 $(USD.AU)$*                                CTUD.U     CBOE                  $0.027 
CIBC 2027 U.S. Investment Grade Bond 
 Fund -- ETF Series 
 (USD)*                                CTUE.U     CBOE                  $0.032 
 
 
* Cash distribution per unit ($) amounts are USD for 
 CTUC.U, CTUD.U, and CTUE.U 
 

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$(R)$ Canada Core Bond Index$(TM)$, Morningstar Canada 1-5 Year Core Bond Index and Morningstar(R) Global ex-Canada Core Bond Hedged CAD Index(TM), 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 Canadian Short-Term 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, CIBC Canadian Short-Term 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, 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 https://www.cibc.com/en/about-cibc/media-centre.html.

About CIBC Asset Management

CIBC Asset Management Inc. $(CAM.UK)$, 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 $227 billion in assets under administration as of October 2024.

SOURCE CIBC

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2024/22/c9666.html

/CONTACT:

For further information: Stephanie Marcus, CIBC Communications & Public Affairs, 416-643-6358 or stephanie.marcus@cibc.com

Copyright CNW Group 2024 
 

(END) Dow Jones Newswires

November 22, 2024 08:00 ET (13:00 GMT)

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