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We’re thinking of your best interests with the
Renaissance High Interest Savings Account

1.25% Current Canadian Interest Rate

0.30% Current U.S. Interest Rate

 

A well diversified portfolio includes a cash component that offers investors liquidity and convenience.

With the Renaissance High Interest Savings Account, you can enjoy these advantages but also benefit from high earning potential and added security on the cash portion of your investment portfolio.

Available for registered and non-registered investments, this account is an ideal vehicle for your short-term cash requirements.

key benefits
Earning Potential
  • Greater earning potential with higher interest rates
  • Interest accrued daily and paid monthly
Added Security
  • The Renaissance High Interest Savings Account offered in Canadian dollars is eligible for CDIC insurance. The Renaissance High Interest Savings Account offered in U.S. dollars is not eligible for CDIC insurance.
  • Offered through CIBC Asset
    Management Inc. and issued by CIBC, one of North America’s leading financial institutions
  • Canadian Imperial Bank of Commerce is a member of CDIC
Greater Convenience
  • Available in Canadian and U.S. dollars
  • No maturity date or lock-in period
  • Access to savings at any time without penalty
  • Easy switching between Renaissance Investments family of funds and Axiom Portfolios
Product Features  
Product Name Renaissance High Interest Savings Account Class A: ATL5000
Renaissance High Interest Savings Account Class F: ATL5001
Renaissance U.S. Dollar High Interest Savings Account Class A: ATL5500
Renaissance U.S. Dollar High Interest Savings Account Class F: ATL5501
CDIC Eligible The Renaissance High Interest Savings Account denominated in Canadian dollars is eligible for CDIC insurance. The Renaissance High Interest Savings Account denominated in U.S. dollars is not eligible for CDIC insurance.
Issuer Information Product issued by Canadian Imperial Bank of Commerce.
Investment Type High interest rate bank account
Eligibility Registered and non-registered plans, including Tax-Free Savings Accounts
Currency Canadian dollar or U.S. dollars
Minimum Initial Investment $1,000 for the Renaissance High Interest Savings Account
$1,000 for the Renaissance U.S. Dollar High Interest Savings Account (in U.S. dollars)
Maximum Investment $5,000,000 for the Renaissance High Interest Savings Account
$5,000,000 for the Renaissance U.S. Dollar High Interest Savings Account (in U.S. dollars)
Characteristics Unlimited number of deposits and withdrawals
Investment Return For current interest rates, visit www.renaissanceinvestments.ca. Interest rate subject to change at any time without prior notice.

Interest is calculated daily on opening balance and paid monthly to the account as reinvested distributions.
Marketing Materials Investor Essentials
Product Features / Terms and Conditions

*Interest rate quoted is annual for Class A units, effective September 22 2014, and may change at any time without prior notice. For current rates, speak with your advisor or visit www.renaissanceinvestments.ca.
Your dealer may have its own minimum investment requirement.

The Renaissance High Interest Savings Account is offered by Canadian Imperial Bank of Commerce (CIBC) through its wholly owned subsidiary CIBC Asset Management Inc. (CAMI). The Canadian-dollar denominated Renaissance High Interest Savings Account is eligible for CDIC insurance, subject to CDIC rules and regulations. The U.S. dollar-denominated Renaissance High Interest Savings Account is not eligible for CDIC insurance. Renaissance Investments is offered by CIBC Asset Management Inc. The material and/or its contents may not be reproduced or distributed without the express written consent of CIBC Asset Management Inc.