CIBC Asset Management announces CIBC ETF cash distributions for March 2023

TORONTO, March 24, 2023 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the March 2023 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly.

Unitholders of record on March 31, 2023, will receive cash distributions payable on April 5, 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	$0.054
CIBC Active Investment Grade Floating Rate Bond ETF	CAFR	TSX	$0.070
CIBC Flexible Yield ETF (CAD-Hedged)	CFLX	TSX	$0.077
CIBC Conservative Fixed Income Pool ETF	CCNS	TSX	$0.049
CIBC Core Fixed Income Pool ETF	CCRE	TSX	$0.050
CIBC Core Plus Fixed Income Pool	CPLS	TSX	$0.050
CIBC Canadian Bond Index ETF	CCBI	TSX	$0.040
CIBC Canadian Short Term Bond Index ETF	CSBI	TSX	$0.040
CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)	CGBI	TSX	$0.026
CIBC U.S. Equity Index ETF	CUEI	TSX	$0.087
CIBC Canadian Equity Index ETF	CCEI	TSX	$0.159
CIBC U.S. Equity Index ETF (CAD- Hedged)	CUEH	TSX	$0.037
CIBC International Equity Index ETF (CAD-Hedged)	CIEH	TSX	$0.005
CIBC International Equity Index ETF	CIEI	TSX	$0.063
CIBC Sustainable Canadian Core Plus Bond Fund	CSCP	NEO	$0.045
CIBC Qx Canadian Low Volatility Dividend ETF	CQLC	NEO	$0.044
CIBC Qx U.S. Low Volatility Dividend ETF	CQLU	NEO	$0.029
CIBC Qx International Low Volatility Dividend ETF	CQLI	NEO	$0.051
CIBC Sustainable Conservative Balanced Solution – ETF Series	CSCB	NEO	$0.057
CIBC Sustainable Balanced Solution – ETF Series	CSBA	NEO	$0.021
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 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 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 February 2023.

SOURCE CIBC

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