CIBC 2025 U.S. INVESTMENT GRADE BOND FUNDCIBC 2025 U.S. INVESTMENT GRADE BOND FUNDCIBC 2025 U.S. INVESTMENT GRADE BOND FUND

CIBC 2025 U.S. INVESTMENT GRADE BOND FUND

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Key stats


Assets under management (AUM)
‪5.26 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
42.9%
Shares outstanding
‪255.35 K‬
Expense ratio

About CIBC 2025 U.S. INVESTMENT GRADE BOND FUND


Brand
CIBC
Inception date
Jul 16, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Primary advisor
CIBC Asset Management, Inc.
The fund seeks to provide exposure to USD-denominated bonds with an effective maturity in 2025. The fund will terminate on or about Nov. 30, 2025 or an earlier date with 60-day notice to unitholders. Similar to individual bonds, the fund provides a specific maturity date instead of perpetual exposure that are typical to many bond funds. As the fund matures, its maturity and YTM will decline. As the bonds reach maturity, portfolio will transition to cash and cash equivalents, including US T-bills. This structure permits the fund to be used as a building block for a bond ladder. The fund may engage in securities lending or use derivatives, as well as other ETFs. As an actively managed ETF, the fund manager has full discretion to depart from its stated investment objectives to protect and preserve assets during a market downturn or for any other reason at any time.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

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