CIBC Asset Management Inc. has just announced the August 2024 cash distributions for its range of CIBC ETFs and ETF Series of the CIBC Fixed Income Pools. If you’re an investor in these ETFs, it’s time to check how much you’ll be receiving! Here’s everything you need to know about the distributions, including the payout schedule and the exact amounts for each ETF.
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August 2024 CIBC ETF Cash Distributions
CIBC ETFs are designed to provide steady income to investors, and August 2024 is no exception. Unitholders who are on record as of August 30, 2024, will receive their cash distributions on September 5, 2024. Below are the details of the final “per unit” distribution amounts for each CIBC ETF:
List of CIBC ETFs and Distribution Amounts
| CIBC ETF | Ticker Symbol | Exchange | Cash Distribution Per Unit ($) |
|---|---|---|---|
| CIBC Active Investment Grade Corporate Bond ETF | CACB | TSX | $0.076 |
| CIBC Active Investment Grade Floating Rate Bond ETF | CAFR | TSX | $0.072 |
| CIBC Flexible Yield ETF (CAD-Hedged) | CFLX | TSX | $0.081 |
| CIBC Conservative Fixed Income Pool ETF | CCNS | TSX | $0.058 |
| CIBC Core Fixed Income Pool ETF | CCRE | TSX | $0.061 |
| CIBC Core Plus Fixed Income Pool | CPLS | TSX | $0.065 |
| CIBC Canadian Bond Index ETF | CCBI | TSX | $0.045 |
| CIBC Canadian Short Term Bond Index ETF | CSBI | TSX | $0.046 |
| CIBC Global Bond ex-Canada Index ETF (CAD-Hedged) | CGBI | TSX | $0.037 |
| CIBC Sustainable Canadian Core Plus Bond Fund | CSCP | NEO | $0.060 |
| CIBC Qx Canadian Low Volatility Dividend ETF | CQLC | NEO | $0.063 |
| CIBC Qx U.S. Low Volatility Dividend ETF | CQLU | NEO | $0.037 |
| CIBC Qx International Low Volatility Dividend ETF | CQLI | NEO | $0.079 |
| CIBC 2025 Investment Grade Bond Fund — ETF Series | CTBA | CBOE | $0.022 |
| CIBC 2026 Investment Grade Bond Fund — ETF Series | CTBB | CBOE | $0.021 |
| CIBC 2027 Investment Grade Bond Fund — ETF Series | CTBC | CBOE | $0.030 |
| CIBC 2028 Investment Grade Bond Fund — ETF Series | CTBD | CBOE | $0.034 |
| CIBC 2029 Investment Grade Bond Fund — ETF Series | CTBE | CBOE | $0.049 |
| CIBC 2030 Investment Grade Bond Fund — ETF Series | CTBF | CBOE | $0.039 |
| CIBC 2025 U.S. Investment Grade Bond Fund — ETF Series* | CTUC.U | CBOE | $0.021 |
| CIBC 2026 U.S. Investment Grade Bond Fund — ETF Series* | CTUD.U | CBOE | $0.026 |
| CIBC 2027 U.S. Investment Grade Bond Fund — ETF Series* | CTUE.U | CBOE | $0.032 |
*Note: The cash distribution per unit amounts for CTUC.U, CTUD.U, and CTUE.U are in USD.
Important Information for CIBC ETF Investors
CIBC ETFs are managed by CIBC Asset Management Inc., a subsidiary of the Canadian Imperial Bank of Commerce. These investments come with associated commissions, management fees, and expenses, which should be considered before investing. Please review the CIBC ETFs prospectus or ETF Facts document to ensure these investments align with your financial goals. Past performance is not indicative of future results, and the value of ETFs can fluctuate.
For more information, you can contact CIBC directly at 1-888-888-3863 or visit their ETF page.
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About CIBC and CIBC Asset Management
CIBC is a prominent North American financial institution, serving 14 million personal banking, business, public sector, and institutional clients. Through its various business segments, CIBC offers a comprehensive range of financial products and services. More information about CIBC can be found on their media centre page.
CIBC Asset Management Inc., a subsidiary of CIBC, manages over $227 billion in assets as of July 2024, offering a wide array of investment management services to retail and institutional clients. Their offerings include mutual funds, strategic portfolio solutions, and discretionary investment management services for high-net-worth individuals.
Invest wisely and take advantage of the August 2024 cash distributions from CIBC ETFs to maximize your investment returns.