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CIBC Asset Management announces CIBC ETF cash distributions for June 2021

·4 min read

TORONTO, June 23, 2021 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the June 2021 cash distributions for CIBC ETFs, which distribute monthly and quarterly.

CIBC Logo (CNW Group/CIBC)
CIBC Logo (CNW Group/CIBC)

Unitholders of record on June 30, 2021, will receive cash distributions payable on July 5, 2021. Details of the final "per unit" distribution amounts are as follows:

CIBC ETF

TSX Ticker Symbols

Cash Distribution Per Unit ($)

CIBC Active Investment Grade
Floating Rate Bond ETF

CAFR

$0.024

CIBC Active Investment Grade
Corporate Bond ETF

CACB

$ 0.050

CIBC Multifactor Canadian Equity ETF

CMCE

$0.101

CIBC Multifactor U.S. Equity ETF

CMUE

$0.046

CIBC Multifactor U.S. Equity ETF
Hedge

CMUE.F

$0.047

CIBC Flexible Yield ETF

CFLX

$0.055

CIBC Canadian Bond Index ETF

CCBI

$0.041

CIBC Canadian Equity Index ETF

CCEI

$0.089

CIBC U.S. Equity Index ETF

CUEI

$0.038

CIBC International Equity Index ETF

CIEI

$0.130

CIBC Core Plus Fixed Income Pool
(ETF Share Class)

CPLS

$0.059

CIBC Core Fixed Income Pool
(ETF Share Class)

CCRE

$0.056

CIBC Conservative Fixed Income Pool
(ETF Share Class)

CCNS

$0.053

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.

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® Canada Domestic Index™, Morningstar® US Target Market Exposure Index™ and Morningstar® Developed Markets ex-North America 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 Canadian Equity Index ETF, CIBC U.S. Equity Index ETF 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 10 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 with offices 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 $162 billion in assets under administration as of May 2021.

SOURCE CIBC

Cision
Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2021/23/c9552.html

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