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Transcript

The CIBC Atlas Point Global Multi-Strategy Canada Fund is an alternative solution for accredited Canadian investors, that invests in the Atlas Point Global Multi-Strategy Offshore Fund. The fund will make opportunistic investments by taking a micro-thematic, bottom-up approach to identifying attractive, asymmetric return opportunities in assets and strategies that may not be easily captured through traditional investments.


Micro-Thematic Investing

Micro-thematic investing allots capital, over time, to opportunities that may be associated with long-term, structural trends. These thematic tailwinds are expected to dominate and drive performance.

The underlying fund’s investment philosophy includes micro-themes that can be categorized into the three categories below:

Directional Investments
refer to micro-thematic strategies based on a hedge fund manager’s outlook, supported by both qualitative and quantitative research.

Uncorrelated Investments
are micro-thematic strategies that provide high quality diversification from traditional asset classes, given a manager’s distinct investment focus.

Hedges
help minimize the portfolio’s overall downside risk, while limiting the portfolio concentration of each manager and micro-themes, helps bolster the fund’s overall risk management efficacy.

Triangle of Directional Investments, Uncorrelated Investments, and Hedges

Key Features of the Underlying fund

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High conviction Portfolio

  • The fund’s underlying investments form a concentrated portfolio, with capital allotted to only the most attractive investment themes.
  • 7-10 specific micro-themes that may change periodically, with a 2-5 year time horizon per theme.
  • The manager of the underlying fund strategically implements 2-3 of the identified best ideas every year.
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Thematic and opportunistic investing

  • Provides a deep understanding of opportunities for specific hedge fund strategies.
  • Uses a thematic approach to assess opportunities from a bottom-up basis, providing a foundation for manager selection.
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Return asymmetry

  • A flexible mandate that seeks unique opportunities globally, across all asset classes, investment styles and financial instruments.
  • Employs a disciplined approach to only invest in themes that the manager of the underlying fund believes have a high probability of providing asymmetric upside performance.
  • Offers limited drawdown and low market sensitivity due to a low correlation with bond and equity markets.

CIBC Atlas Point Global Multi-Strategy Canada Fund - Series F


The portfolio management teams

CIBC Atlas Point Global Multi-Strategy Canada Fund Portfolio Manager

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PATRICK THILLOU

Vice-President, Structured investments, Trading & Business Initiatives

Patrick Thillou is responsible for developing initiatives that improve and refine investment processes and infrastructure to support and monitor portfolio management activities. Additionally, Mr. Thillou is also responsible for the management of various structured, passive and overlay strategies and the oversight of trading activities for derivatives and for non-derivatives instruments.

CIBC Atlas Point Global Multi-Strategy Canada Fund Client Portfolio Manager

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MICHAEL SAGER, PH.D.

Vice-President, Multi-Asset and Currency Institutional Asset management

Michael Sager is a member of the CIBC Client Portfolio Manager team. Dr. Sager partners with all CIBC distribution channels to deliver targeted thought leadership, education, and investment perspective to clients and consultants.

Atlas Point Global Multi-Strategy Offshore Fund Portfolio Managers

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OHM SRINIVASAN, CFA

Managing Director, Co-Manager, Hedge Funds

Ohm Srinivasan is an investment portfolio manager and co-heads the hedge fund research efforts within the Multi-Manager Investment Program (MMIP) based in Boston. With 18 years of industry experience, he is responsible for managing the MMIP hedge fund platform.

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JIGAR PATEL

Managing Director, Co-Manager, Hedge Funds

Jigar Patel is an investment portfolio manager and co-heads the hedge fund research efforts within the Multi-Manager Investment Program (MMIP) based in New York. He is responsible for managing the MMIP hedge fund platform, which includes an internal multi-strategy fund of funds portfolio and a customized hedge.


What Sets Us Apart

1.

The underlying fund’s micro-thematic approach coupled with an opportunistic investing methodology is a key contributor towards the fund’s performance.

2.

The focus of the manager of the underlying fund is on identifying a relatively concentrated set of micro-themes, then allocating to them through a limited set of specialist managers is the fund’s primary source of value-add

3.

The manager of the underlying fund’s investment approach maximizes potential success by executing in a disciplined manner. The manager avoids chasing performance, as past performance has been a poor indicator of future success.


Thought Leadership


The expertise of CIBC Asset Management

CIBC Asset Management is committed to creating innovative solutions. We’ve developed unique multi-asset investment products based on best-in-class research and a strong tradition of disciplined investment processes.

We believe investment research, guided by a rigorous and consistent process, yields better results and generates value over the long term. Our commitment to research is demonstrated by our large teams in each asset class with a multiple sector or regional focus. These teams are dedicated exclusively to industry research and security-specific idea generation.

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This document is being provided for informational purposes only and provides general information regarding the CIBC Atlas Point Global Multi-Strategy Canada Fund (the “Fund”). CIBC Asset Management Inc. (“CAMI”) is the manager of the Fund. The Fund is a prospectus exempt fund and is not subject to the same regulatory requirements as publicly offered investment funds offered by way of prospectus. This document does not form part of an offering document and does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities of the Fund. Any such offer or solicitation may only be made through, and in accordance with, the terms of the subscription agreement and confidential offering memorandum of the Fund (collectively, the “Offering Documents”), and the constating documents of the Fund. This document is qualified in its entirety to such Offering Documents.

The information in this document is not intended to provide legal, accounting, tax, investment or financial advice and should not be relied on in that regard. We strongly recommend that you consult your investment adviser in order to fully understand all of the important terms of the Fund and before undertaking any investment strategy.

An investment in the Fund may not be suitable for all investors. This document does not contain a complete description of the Fund or the risks associated with an investment in the Fund, and is subject to and qualified in its entirety by reference to the Offering Documents and the constating documents of the Fund. Complete information relating to the Fund, including risk factors, is contained in the Offering Documents. The returns of the Fund are not guaranteed, the value of the units of the Fund will change frequently and past performance may not be repeated and is not indicative of future results. The information in this document is subject to change without notice, as such, only the most recent Offering Documents should be relied upon for information on the Fund.

The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.

®CIBC Asset Management and the CIBC logo are registered trademarks of Canadian Imperial Bank of Commerce (CIBC), used under license. The material and/or its contents may not be reproduced without the express written consent of CIBC Asset Management Inc.