CIBC Asset Management announces CIBC ETF cash distributions for March 2024
TORONTO, March 21, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) - CIBC Asset Management Inc. today announced the March 2024 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly and quarterly.
Unitholders of record on March 28, 2024, will receive cash distributions payable on April 3, 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
$0.066
CIBC Active Investment Grade Floating Rate Bond ETF
CAFR
TSX
$0.077
CIBC Flexible Yield ETF (CAD-Hedged)
CFLX
TSX
$0.085
CIBC Conservative Fixed Income Pool ETF
CCNS
TSX
$0.061
CIBC Core Fixed Income Pool ETF
CCRE
TSX
$0.080
CIBC Core Plus Fixed Income Pool
CPLS
TSX
$0.073
CIBC Canadian Bond Index ETF
CCBI
TSX
$0.042
CIBC Canadian Short Term Bond Index ETF
CSBI
TSX
$0.043
CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)
CGBI
TSX
$0.028
CIBC U.S. Equity Index ETF
CUEI
TSX
$0.088
CIBC Canadian Equity Index ETF
CCEI
TSX
$0.165
CIBC U.S. Equity Index ETF (CAD- Hedged)
CUEH
TSX
$0.025
CIBC International Equity Index ETF (CAD-Hedged)
CIEH
TSX
$0.020
CIBC International Equity Index ETF
CIEI
TSX
$0.088
CIBC Sustainable Canadian Core Plus Bond Fund
CSCP
NEO
$0.048
CIBC Qx Canadian Low Volatility Dividend ETF
CQLC
NEO
$0.050
CIBC Qx U.S. Low Volatility Dividend ETF
CQLU
NEO
$0.033
CIBC Qx International Low Volatility Dividend ETF
CQLI
NEO
$0.025
CIBC Sustainable Conservative Balanced Solution - ETF Series
CSCB
NEO
$0.045
CIBC Sustainable Balanced Solution - ETF Series
CSBA
NEO
$0.006
CIBC Sustainable Balanced Growth Solution - ETF Series
CSBG
NEO
$0.006
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™, 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 Hedged CAD Index™ , Morningstar® Developed Markets ex-North America Target Market Exposure Index™ and Morningstar® US Target Market Exposure 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, CIBC Global Bond ex Canada Index ETF (CAD Hedged), CIBC Canadian Equity Index ETF, CIBC U.S. Equity Index ETF, CIBC U.S. Equity Index ETF (CAD-Hedged), CIBC International Equity Index ETF (CAD-Hedged) 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 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 across0x202FCanada, in0x202Fthe United States0x202Fand 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 2024.