CIBC Asset Management announces CIBC ETF cash distributions for May 2024

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

Unitholders of record on May 31, 2024, will receive cash distributions payable on June 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	$0.070
CIBC Active Investment Grade Floating Rate Bond ETF	CAFR	TSX	$0.076
CIBC Flexible Yield ETF (CAD-Hedged)	CFLX	TSX	$0.082
CIBC Conservative Fixed Income Pool ETF	CCNS	TSX	$0.058
CIBC Core Fixed Income Pool ETF	CCRE	TSX	$0.065
CIBC Core Plus Fixed Income Pool	CPLS	TSX	$0.065
CIBC Canadian Short Term Bond Index ETF	CSBI	TSX	$0.044
CIBC Canadian Bond Index ETF	CCBI	TSX	$0.042
CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)	CGBI	TSX	$0.034
CIBC Sustainable Canadian Core Plus Bond Fund	CSCP	NEO	$0.050
CIBC Qx Canadian Low Volatility Dividend ETF	CQLC	NEO	$0.056
CIBC Qx U.S. Low Volatility Dividend ETF	CQLU	NEO	$0.037
CIBC Qx International Low Volatility Dividend ETF	CQLI	NEO	$0.040

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 Canada 1-5 Year 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, 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 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 http://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 April 2024.

SOURCE CIBC

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