On July 21, 2017 CIBC Asset Management Inc. (CAM) announced changes to its mutual funds line-up to offer Canadians increased value and greater accessibility to its products. The changes include management fee reductions, lower investment minimums and a simplified product offering across several classes of its mutual funds and private pools.
CAM is implementing management fee reductions across several classes of its mutual fund line-up to be effective on September 1, 2017. The changes will continue to add value for investors, following management fee reductions made in September 2016.
CAM will reduce initial minimum investment amounts to make certain solutions more
accessible for Canadian investors. While also capping and terminating several mutual fund classes in order to simplify and streamline its product offer.
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