CIBC Asset Management announces revised December 2021 cash distributions for certain CIBC ETFs

TORONTO, Dec. 30, 2021 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced revisions to December 2021 cash distributions for certain CIBC ETFs, which distribute monthly.  

Unitholders of record on December 31, 2021, will receive cash distributions payable on January 6, 2022. Details of the final "per unit" distribution amounts are as follows:

CIBC ETF	Ticker Symbols	Exchange	Cash Distribution Per Unit ($)
CIBC Active Investment Grade Floating Rate Bond ETF	CAFR	TSX	$0.0150
CIBC Active Investment Grade Corporate Bond ETF	CACB	TSX	$0.0420
CIBC Conservative Fixed Income Pool	CCNS	TSX	$0.0350
CIBC Core Fixed Income Pool	CCRE	TSX	$0.0350
CIBC Core Plus Fixed Income Pool	CPLS	TSX	$0.0350
CIBC Flexible Yield ETF (CAD-Hedged)	CFLX	TSX	$0.1772
CIBC Canadian Bond Index ETF	CCBI	TSX	$0.0300
CIBC Global Bond ex-Canada Index ETF (CAD-Hedged)	CGBI	TSX	$0.0370
CIBC Canadian Equity Index ETF	CCEI	TSX	$0.0420
CIBC U.S. Equity Index ETF	CUEI	TSX	$0.0170
CIBC International Equity Index ETF	CIEI	TSX	$0.1976
CIBC Emerging Markets Equity Index ETF	CEMI	TSX	$0.1172
CIBC Multifactor Canadian Equity ETF*	CMCE	TSX	$0.1821
CIBC Multifactor U.S. Equity ETF	CMUE	TSX	$0.0673
CIBC Multifactor U.S. Equity ETF Hedge	CMUE.F	TSX	$0.0681
CIBC Global Growth ETF	CGLO	TSX	$0.0341
CIBC International Equity ETF	CINT	TSX	$0.1013
CIBC Sustainable Canadian Core Plus Bond Fund	CSCP	NEO	$0.0550
CIBC Sustainable Conservative Balanced Solution	CSCB	NEO	$0.0456
CIBC Sustainable Balanced Solution	CSBA	NEO	$0.0115
CIBC Sustainable Canadian Equity Fund	CSCE	NEO	$0.1160
CIBC Qx International Low Volatility Dividend ETF*	CQLI	NEO	$0.4534
CIBC Qx U.S. Low Volatility Dividend ETF*	CQLU	NEO	$1.4194
CIBC Qx Canadian Low Volatility Dividend ETF*	CQLC	NEO	$0.1444

*Revised cash distributions

CIBC ETFs and ETF Series of the CIBC Fixed Income Pools are managed by CIBC Asset Management Inc., a subsidiary of Canadian Imperial Bank of Commerce (CIBC) and are offered by registered dealers. The ETF Series of the CIBC Sustainable Investment Solutions are managed by CIBC and distributed by CIBC Securities Inc. and CIBC Investor Services Inc., each wholly-owned subsidiaries. Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs). Please read the 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.

Certain trademarks of Canadian Imperial Bank of Commerce and/or certain of its affiliates (collectively "CIBC") have been licensed by CIBC Asset Management Inc. for use in connection with the CIBC Multifactor Canadian Equity ETF and CIBC Multifactor U.S. Equity ETF (the "CIBC Equity ETFs"). The securities of the CIBC Equity ETFs are not sponsored, promoted, sold or supported in any other manner by CIBC or by the index calculation agent, Solactive A.G. ("Solactive") nor do CIBC or Solactive offer any express or implicit guarantee or assurance either with regard to the results of using the Indices on which the CIBC Equity ETFs are based, or the index prices at any time or in any other respect. The prospectus of the CIBC ETFs contains a more detailed description of the limited relationship CIBC and Solactive have with CIBC Asset Management Inc. and the CIBC Equity ETFs.

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 Index™, and Morningstar® Emerging Markets Target Market Exposure 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 International Equity Index ETF and CIBC Emerging Markets 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 11 million personal banking, business, public sector and institutional clients. Across Personal and Small 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 November 2021.

SOURCE CIBC

Nima Ranawana, 647-456-4556 or [email protected]

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