CIBC Asset Management Recognized at 2020 Fundgrade A+ Awards

On Friday, January 22, 2021, CIBC Asset Management was named the winner of nine 2020 FundGrade A+ Awards. These awards recognize funds that excel in providing consistently strong, risk-adjusted relative performance.

Fundgrade A+ Logo

Watch: FunData presents CIBC Asset Management with its 2020 FundGrade A+ Awards!
Fundgrade A+ video thumbnail

These wins emphasize the high-quality investment management services and solutions we provide to individual and institutional investors, and our commitment to making our clients’ ambitions a reality.

Our award-winning funds

FundCategory2020 FUNDGRADE Calculation date
Renaissance Global
Small-Cap Fund
Global Small/Mid
Cap Equity
December 31st, 2020
Renaissance Global Science & Technology FundGlobal EquityDecember 31st, 2020
Renaissance International Equity FundInternational EquityDecember 31st, 2020
Axiom Foreign Growth PortfolioGlobal Equity
December 31st, 2020
CIBC Balanced Index
Canadian Fixed Income BalancedDecember 31st, 2020
CIBC Nasdaq Index FundU.S. EquityDecember 31st, 2020
CIBC Global Technology FundGlobal EquityDecember 31st, 2020
CIBC International Equity FundInternational EquityDecember 31st, 2020
CIBC Conservative Passive Portfolio Canadian Fixed Income BalancedDecember 31st, 2020

This document is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this document should consult with his or her advisor. All opinions and estimates expressed in this document are as of the date of publication unless otherwise indicated, and are subject to change. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. ®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.

The FundGrade A+® rating is used with permission from Fundata Canada Inc., all rights reserved. Fundata is a leading provider of market and investment funds data to the Canadian financial services industry and business media. The Fund-Grade A+® rating identifies funds that have consistently demonstrated the best risk-adjusted returns throughout an entire calendar year. For more information on the rating system, please visit

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.