In the news release, CIBC Asset Management announces CIBC ETF cash distributions for October 2022, issued 24-Oct-2022 by CIBC over CNW, we are advised by the company that the Cash Distribution Per Unit ($) for CIBC Active Investment Grade Floating Rate Bond RTF should read $0.043 instead of $0.43. The complete, corrected release follows:
CIBC Asset Management announces CIBC ETF cash distributions for October 2022
TORONTO, Oct. 24, 2022 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. today announced the October 2022 cash distributions for CIBC ETFs and ETF Series of the CIBC Fixed Income Pools, which distribute monthly.
Unitholders of record on October 31, 2022, will receive cash distributions payable on November 3, 2022. Details of the final "per unit" distribution amounts are as follows:
Cash Distribution Per Unit ($)
CIBC Active Investment Grade
CIBC Active Investment Grade Floating
CIBC Flexible Yield ETF (CAD-Hedged)
CIBC Conservative Fixed Income Pool
CIBC Core Fixed Income Pool ETF
CIBC Core Plus Fixed Income Pool
CIBC Canadian Bond Index ETF
CIBC Global Bond ex-Canada Index ETF
CIBC Sustainable Canadian Core Plus
CIBC Qx Canadian Low Volatility
CIBC Qx U.S. Low Volatility Dividend
CIBC Qx International Low Volatility
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™ 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 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 and CIBC Global Bond ex-Canada Index ETF (CAD-Hedged).
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.
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 September 2022.