CAM Portfolio Management Announcement

At CIBC Asset Management (CAM), we look to further our goal of delivering investment returns that meet and exceed expectations a step essential to the success of our clients. To this end, we are pleased to announce the following appointments:

Robert Gignac will assume portfolio management responsibilities for the Renaissance Canadian Small-Cap Fund and the CIBC Canadian Small-Cap Fund, with oversight from Portfolio Manager Craig Jerusalim. Robert has been an integral part of the Canadian equity team since 2015.

The CAM Equity Research team, led by Marilyn Brophy, will assume portfolio management of the CIBC Canadian Equity Fund. The team of dedicated sector specialists will manage this Fund using a sector-neutral framework that emphasizes individual stock selection.

The table below summarizes the new portfolio management responsibilities.

Summary of Changes (Effective October 1, 2017)

MandatePortfolio Management
Renaissance Canadian Small-Cap FundRobert Gignac
CIBC Canadian Small-Cap FundRobert Gignac
CIBC Canadian Equity FundCAM Equity Research team