CIBC Asset Management launches actively-managed ETF Series on three fixed-income pools
CIBC Asset Management Inc. launched three new actively-managed ETF series for CIBC Conservative Fixed Income Pool, CIBC Core Fixed Income Pool and CIBC Core Plus Fixed Income Pool. These new ETF series will provide investors with access to advanced bond strategies in a simple one-ticket solution.
Composed of a diverse mix of mutual funds and exchange-traded funds, the CIBC Fixed Income Pools are designed to be a long-term core bond holding and feature built-in rebalancing and tactical asset allocation. They include actively-managed investments in government and corporate bonds across the spectrum of investment-grade and high-yield, geography and currency.
CIBC Conservative Fixed Income Pool - ETF series, CIBC Core Fixed Income Pool - ETF series and CIBC Core Plus Fixed Income Pool - ETF series have closed initial offering of units and will begin trading on the Toronto Stock Exchange today. More on the new ETF series can be found here.
TSX ticker | ETF series name | Description |
CCNS | CIBC Conservative Fixed Income Pool -ETF series | CIBC Conservative Fixed Income Pool - ETF series - seeks to generate regular income. Invests primarily in units of other mutual funds that invest in fixed income securities. |
CCRE | CIBC Core Fixed Income Pool ETF -series | CIBC Core Fixed Income Pool - ETF series - seeks to generate regular income with a secondary focus on modest long-term capital appreciation. Invests primarily in units of other mutual funds that invest in fixed income securities. |
CPLS | CIBC Core Plus Fixed Income Pool - ETF series | CIBC Core Plus Fixed Income Pool – ETF series - seeks to generate regular income and modest long-term capital appreciation. Invests primarily in units of other mutual funds that invest in fixed income securities. |