Corporate News - CIBC Asset Management announces CIBC ETF cash distributions for June 2023

TORONTO, June 23, 2023 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the June 2023 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly and quarterly. 

Unitholders of record on June 30, 2023, will receive cash distributions payable on July 6, 2023. 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	$0.057
CIBC Active Investment Grade Floating Rate Bond ETF	CAFR	TSX	$0.075
CIBC Flexible Yield ETF (CAD-Hedged)	CFLX	TSX	$0.079
CIBC Conservative Fixed Income Pool ETF	CCNS	TSX	$0.043
CIBC Core Fixed Income Pool ETF	CCRE	TSX	$0.047
CIBC Core Plus Fixed Income Pool	CPLS	TSX	$0.046
CIBC Canadian Bond Index ETF	CCBI	TSX	$0.039
CIBC Canadian Short Term Bond Index ETF	CSBI	TSX	$0.040
CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)	CGBI	TSX	$0.028
CIBC U.S. Equity Index ETF	CUEI	TSX	$0.084
CIBC Canadian Equity Index ETF	CCEI	TSX	$0.168
CIBC U.S. Equity Index ETF (CAD-Hedged)	CUEH	TSX	$0.093
CIBC International Equity Index ETF (CAD-Hedged)	CIEH	TSX	$0.105
CIBC International Equity Index ETF	CIEI	TSX	$0.096
CIBC Sustainable Canadian Core Plus Bond Fund	CSCP	NEO	$0.043
CIBC Qx Canadian Low Volatility Dividend ETF	CQLC	NEO	$0.054
CIBC Qx U.S. Low Volatility Dividend ETF	CQLU	NEO	$0.031
CIBC Qx International Low Volatility Dividend ETF	CQLI	NEO	$0.065
CIBC Sustainable Conservative Balanced Solution – ETF Series	CSCB	NEO	$0.021
CIBC Sustainable Balanced Solution – ETF Series	CSBA	NEO	$0.000
CIBC Sustainable Balanced Growth Solution – ETF Series	CSBG	NEO	$0.000

 

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 13 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 May 2023.

SOURCE CIBC

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