CIBC Conservative Fixed Income Pool [Series F]

The Pool will focus on generating regular income by investing primarily in units of other mutual funds that invest in fixed income securities.

Also available in Series A
Also available as Series ETF

Minimum Initial Investment:
Lump Sum
Initial: $500
Subsequent: $100

Distributions: Distributions of net income occur monthly. Distributions of any net realized capital gains occur annually in December. The amount of the distributions is not guaranteed and may change from time to time without notice to unitholders. Distributions are automatically reinvested in additional units of the Pool unless you tell us otherwise.
Pre-Authorized Chequing Investment: $50 minimum investment for weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annually or annually.
Systematic Withdrawal Plan: With minimum initial account value of $10,000. Withdrawals may be made weekly, bi-weekly,semi-monthly, monthly, bi-monthly, quarterly, semi-annually or annually. $50 minimum.
Annual Management Fee (excluding applicable taxes): 0.30%
Annual Fixed Administration Fee (excluding applicable taxes): 0.05%
Inception DateOct 28, 2019
Fund CodeATL5019
Assets Under Management ($000)
As at : 06/28/2024
$66,002

CIBC Asset Management (CIBC AM) is one of Canada's largest asset management firms and provides a broad range of high-quality global investment management solutions to retail and institutional clients.

Jean Gauthier

Managing Director & Chief Investment Officer, Fixed Income & Equities


Jean Gauthier is CIO of Global Fixed Income at CIBC Asset Management. Mr. Gauthier oversees CIBC Asset Management's fixed income portfolio management and research efforts. Mr. Gauthier is also an active member of CIBC Asset Management's Investment Committee.
Mr. Gauthier joined CIBC Asset Management in 2017 and holds a Bachelor of Business Administration degree in Finance from the Université du Québec à Montréal (UQAM). He is also a CFA charterholder.

Pablo Martinez, CFA

Vice President, Global Fixed Income

Pablo Martinez has portfolio management responsibilities for a variety of fixed income solutions including short and mid-term bond portfolios with a focus on private client mandates. He is also a contributor to the firm’s research specialization model. Prior to joining CIBC Asset Management’s predecessor firm in 2002, Mr. Martinez was a Fixed Income Trader with Merrill Lynch. Mr. Martinez holds a Master of International Business degree from École des hautes études commerciales and a Bachelor of Commerce degree from McGill University. He is also a CFA charterholder and a member of the CFA Society of Montreal.

Underlying Funds Sub-Advisors


DoubleLine®
Ares Management LLC
Brandywine Global Investment Management, LLC
Canso Investment Counsel Ltd.
Wellington Management Canada LLC

Style

The investment style box is a graphical depiction of the investing categories an investment manager will invest within.
Fixed Income Strategy †† Net Rates

Term to Maturity (Years) ††Duration (Years) ††Average YTM (%) ††
0.22 4.49 4.69
As of May 31, 2024 Source: BNY Mellon Analytics
Term to Maturity (Years)
The time remaining on a bond's life, or the date on which the debt will cease to exist and the borrower will have completely paid off the amount borrowed.

Duration (Years)
Duration is defined as the weighted average time to full recovery of principal and interest.

Yield to Maturity (Average YTM)
The percentage rate of return paid on a bond, note or other fixed income security if the investor buys and holds it to its maturity date. The calculation for YTM is based on the coupon rate, length of time to maturity and market price. It assumes that coupon interest paid over the life of the bond will be reinvested at the same rate.
Performance
3 mo6 moYTD1 yr3 yrs5 yrs10 yrsSince Inception
1.0%1.1%1.1%5.1%0.0%N/AN/A1.0%
3 mo
6 mo
YTD
1 yr
3 yrs
5 yrs
10 yrs
Since Inception
1.0%
1.1%
1.1%
5.1%
0.0%
N/A
N/A
1.0%

As at: 06/28/2024

Calendar Year Performance
2023202220212020201920182017201620152014
6.3%(7.1%)(1.3%)5.70%N/AN/AN/AN/AN/AN/A
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
6.3%
(7.1%)
(1.3%)
5.70%
N/A
N/A
N/A
N/A
N/A
N/A
Investment Performance

Value of $10,000 invested since inception

The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the fund or returns on investment in the fund.

This document is provided for informational purposes only and is not intended to provide specific financial, investment, tax, legal or accounting advice for you, and should not be relied upon in that regard or be considered predictive of any future market performance. Any information or discussion about the current characteristics of this fund or how the portfolio manager is managing the fund that is supplementary to information in the prospectus is not a discussion about material investment objectives or strategies, but solely a discussion of the current characteristics or manner of fulfilling the investment objectives and strategies, and is subject to change without notice. You should not act or rely on the information without seeking the advice of a professional. 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.

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